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Unitech Q1 net jumps nearly five-fold to Rs 347.8 cr

Unitech Q1 net jumps nearly five-fold to Rs 347.8 cr
PTI
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First Published: Mon, Jul 30 2007. 03 22 PM IST
Updated: Mon, Jul 30 2007. 03 22 PM IST
New Delhi: Unitech Ltd, the country’s second-biggest realty firm in terms of market value, today reported a whopping 371% surge in first quarter net profit this fiscal to Rs 347.83 crore from Rs 73.92 crore in the corresponding period of the previous fiscal.
Total income on standalone basis rose 158% to Rs 788.73 crore during April-June 2007-08 from Rs 306.21 crore in the same quarter of the last fiscal.
On consolidated basis, first quarter net profit stood at Rs 365.67 crore on a total income of Rs 899.67 crore, the company said.
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First Published: Mon, Jul 30 2007. 03 22 PM IST