Unitech’s Annual Profit Loss Statement

admin — Sat, 28 Jun 2008 12:02:45 +0000

Unitech Limited, India’s foremost Real Estate Company on 27 June 08 announced its audited consolidated financial results for the FY ended 31st March 2008.
Total income rose by twenty six percent to Rs. 42,801 million, as against Rs. 33,881 million during the preceding financial year. Profit after tax (PAT) also jumped by twenty seven percent to Rs. 16,618 million, as compared to Rs. 13,058 million in the year ended March 07. Board of the company in its meeting on 27th June also suggested a dividend of 12.5% for the fiscal year ended March 2008.
The Earning per Share (EPS) stands at Rs. 10.23 on an equity base of three thousand two hundred forty seven million rupees. Total paid capital is represented by 1,623 million equity shares of the face value of rupees two each.
The company has a reserve base of Rs. 33,232 million as of 31st March 08. Total Loans outstanding as of 31st March 2008 is Rs. 85,523 million. Company has Rs. fourteen thousand eighty two million rupees in cash and bank balances as of 31st March 2008.
Mr. Sanjay Chandra, Managing Director, Unitech Limited, said, “This performance is a outcome of the high growth plans that the company has been pursuing over the preceding few years. We are at this time working on an exciting repertoire of projects and are sure of outperforming the sector in the days to come.”

India Investment Property » Profit Loss Statement

Unitech’s Annual Profit Loss Statement