Unitech swung to a loss for the quarter ended September 2014. During the quarter, the company reported consolidated loss of Rs 146.99 million compared with a profit of Rs 255.75 million in the same quarter last year.
Net sales for the quarter declined 35.59% to Rs 3,837.30 million, compared with Rs 5,957.59 million for the prior year period.
Earnings per share stood negative at Rs 0.06 compared with Rs 0.10 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 3,837.30 | 5,957.59 | (35.59) |
| Net Profit | (146.99) | 255.75 | - |
| Basic EPS | (0.06) | 0.10 | - |
Shares of the company declined Rs 1, or 4.75%, to trade at Rs 20.05. The total volume of shares traded was 4,782,796 at the BSE (12.00 p.m., Thursday).
