Unity Infraprojects Limited Reports Unaudited Earnings Results for the Fourth Quarter and Standalone and Consolidated Earnings Results for the Year Ended March 31, 2015
May 27, 2015 at 11:51 pm EDT
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Unity Infraprojects Limited reported unaudited earnings results for the fourth quarter and standalone and consolidated earnings results for the year ended March 31, 2015. For the quarter, the company reported net sales/income from operations of INR 734.501 million compared to INR 5,107.641 million a year ago. Loss from operations before other income, finance costs and exceptional item was INR 930.087 million compared to profit of INR 385.084 million a year ago. Loss from ordinary activities before tax was INR 1,582.503 million compared to loss of INR 349.731 million a year ago. Net loss after tax from ordinary activities was INR 1,639.807 million compared to INR 190.465 million a year ago. Basic and diluted loss per share was INR 22.13 compared to INR 2.57 a year ago.
For the year, on standalone basis, the company reported net sales/income from operations of INR 7,633.191 million compared to INR 18,519.083 million a year ago. Loss from operations before other income, finance costs and exceptional item was INR 1,038.459 million compared to profit of INR 2,137.850 million a year ago. Loss from ordinary activities before tax was INR 3,343.312 million compared to profit of INR 18.810 million a year ago. Net loss after tax from ordinary activities was INR 3,400.616 million compared to profit of INR 63.458 million a year ago. Basic and diluted loss per share was INR 45.90 compared to profit of INR 0.86 a year ago.
For the year, on consolidated basis, the company reported net sales/income from operations of INR 10,565.138 million compared to INR 23,020.316 million a year ago. Loss from operations before other income, finance costs and exceptional item was INR 638.855 million compared to profit of INR 2,508.80 million a year ago. Loss from ordinary activities before tax was INR 3,341.065 million compared to profit of INR 25.560 million a year ago. Net loss after tax from ordinary activities was INR 3,415.215 million compared to profit of INR 39.716 million a year ago.
Unity Infraprojects Limited is an India-based company, which is engaged in construction and allied activities. The Company operates buildings and housing; transportation; water supply and irrigation. Its completed building and factories projects include Big Mall, Thane; Terna Hospital and Engineering College Building, Nerul, Navi Mumbai; Secretariat Complex, Assam; Five Star Hotel at Shiv Chhatrapati Krida Sankul, Balewadi, Pune; Chhatrapati Shivaji International Airport - Terminal 1B, Mumbai; Millenium Business Park, Navi Mumbai; Tsunami Affected Rehabilitation Project, Andman & Nicobar Islands; Gurudwara Takht and Yatri Niwas, Nanded, Maharshtra, and others. The Companyâs completed water projects include Arphal Tunnel, Satara District, Strengthening of Tansa Dam, Thane District, and Clear Water Mains Project, Delhi. The Companyâs completed transport projects includes Railway Tunnel, Tripura; JNPT Highway Connectivity, Navi Mumbai, and Rabale Railway Station, Navi Mumbai, and others.
Unity Infraprojects Limited Reports Unaudited Earnings Results for the Fourth Quarter and Standalone and Consolidated Earnings Results for the Year Ended March 31, 2015