Unitech posts 43% decline in net - Views on News from Equitymaster

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Unitech posts 43% decline in net

Nov 3, 1999

Unitech Limited has posted a decline of 43% in net profits for the quarter ended 30th September 1999. The company has suffered from a sharp rise in interest and depreciation expenditure.

  2QFY2000 2QFY1999 Change
Net Sales 517 449 15.0%
Expenditure 446 365 22.3%
Interest 44 38 15.0%
Depreciation 7 6 19.6%
Profit before Tax 20 41 -51.2%
Tax 5 14 -65.7%
Profit after Tax 15 27 -42.9%
Net profit margin 3.0% 6.0%  

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1 Responses to "Unitech posts 43% decline in net"

surinder singh

Apr 28, 2009

R/Sir br i am extremely thankful to u as i booked profit by selling unitech to buy at lower rates as was sure fr om ur predictions& i booked 1245 as profit.but still i am at a loss of rs 70,0

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