Unitech Q2 net loss widens to Rs 131 crore

Crisis-hit realty firm Unitech Wednesday reported a net loss of Rs 130.87 crore for the quarter ending September.

Its net loss stood at Rs 5.99 crore in the year ago period, the company said in a regulatory filing.

Total income also fell to Rs 100.03 crore in the second quarter of this fiscal from Rs 195.39 crore in the corresponding period of the previous year.

TRENDING NOW

PM Modi to address fintech event Infinity Forum 2.0 on Dec 9

COVID-19 Update: India logs 119 new coronavirus cases, infection tally stands at 4.50 crore

Log9, TORK Motors partner to promote interoperable charging infra

OnePlus 12 Launched in China: Check price, features, specs and other details

Indian Army, MeitY forge transformative alliance for technological advancements

Delta Corp, PVR INOX, Paytm, BEL: Stocks to watch on Thursday

Honor 90 Price In India: Instant Rs 3,000 discount, 12 months no-cost EMIs and much more - Check details

PM Modi to inaugurate Uttarakhand Global Investors Summit on Friday

Ayodhya Airport Update: Jyotiraditya Scindia meets AAI officials after inspecting Maryada Purushottam Shri Ram International Airport

Animal vs Sam Bahadur Box Office Collection: Animal set to enter Rs 500 crore club, beat Sam Baadur on Day 5 | Check day-wise collection, OTT release date and more

COP 28 Summit: Secures $83 billion in climate pledges, India skips energy and health pledges

Tata Technologies, IREDA, Senco Gold among 10 best performing IPOs in 2023

Rupee vs Dollar: Domestic currency rises 5 paise to settle at 83.32 against US dollar

Redmi 13C, 13C 5G launched - Check price, specs and sale date

DP World ILT20: David Warner to star as 2nd season of International League T20 kicks off from January 2024 in UAE - Check Details

Unitech is facing a huge crisis as it has defaulted in giving delivery of its housing projects on time to customers. Buyers have approached various courts to seek refund of their investments.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)