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Unitech Net Profit at Rs 1661.86 Crores in 2008

Unitech Ltd has announced the Audited results for the quarter & year ended March 31, 2008.The results for the Quarter ended March 31, 2008:
The Company has posted a profit after tax of Rs 1758.40 million for the quarter ended March 31, 2008 as compared to Rs 3570.90 million for the quarter ended March 31, 2007. Total Income has decreased from Rs 8841.50 million for the quarter ended March 31, 2007 to Rs 7596.50 million for the quarter ended March 31, 2008.
The results for the Year ended March 31, 2008: The Company has posted a profit after tax of Rs 10306.80 million for the year ended March 31, 2008 as compared to Rs 9835.60 million for the year ended March 31, 2007. Total Income has increased from Rs 25996.40 million for the year ended March 31, 2007 to Rs 29697.20 million for the year ended March 31, 2008.
The consolidated results for the Quarter ended March 31, 2008: The Group has posted a net profit of Rs 3602.80 million for the quarter ended March 31, 2008 as compared to Rs 7479.60 million for the quarter ended March 31, 2007. Total Income has decreased from Rs 16272.90 million for the quarter ended March 31, 2007 to Rs 11971.30 million for the quarter ended March 31, 2008.
The consolidated results for the Year ended March 31, 2008: The Group has posted a net profit of Rs 16618.60 million for the year ended March 31, 2008 as compared to Rs 13058.30 million for the year ended March 31, 2007. Total Income has increased from Rs 33880.90 million for the year ended March 31, 2007 to Rs 42801.10 million for the year ended March 31, 2008.
The stock was trading at Rs.184.35, down by Rs.1.45 or 0.78%. The stock hit an intraday high of Rs.187.30 and low of Rs.174.
The total traded quantity was 2679754 compared to 2 week average of 2827166.

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