Unitech shares fell by 5% as Q4 net loss broaden
Unitech shares fell by 5% as Q4 net loss broaden
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Mumbai:Shares of realty firm Unitech fell by 5 % on Tuesday after the company's merged net loss broaden to Rs 539.47 crore in the fourth quarter ended March.

The stock curved in 4.27 % to Rs 3.81 on Bombay Stock Exchange.On NSE, it slipped 5 % to Rs 3.80.

Unitech's consolidated net loss widened to Rs 539.47 crore till ended March on account of inferior revenue from actions.

In BSE filing company has said, “Its total income from operations during January-March quarter stood at Rs 483.55 crore, much lower than Rs 813.23 crore in the year-ago period,”

Meanwhile, its total operating cost condensed to Rs 987.85 crore amid the quarter beneath review as beside Rs 1,143.83 in the year-ago period.

Consolidated net debt as on March 31, 2016, was Rs 7,165.70 crore.

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