Unity Infraprojects Limited Reports Unaudited Standalone Earnings Results for the Fourth Quarter and Audited Standalone and Consolidated Earnings Results for the Year Ended March 31, 2017
May 15, 2017 at 11:03 am EDT
Share
Unity Infraprojects Limited reported unaudited standalone earnings results for the fourth quarter and audited standalone and consolidated earnings results for the year ended March 31, 2017. For the quarter on standalone basis, the company reported total income from operations of INR 831.431 million, loss from operations before other income and finance costs and exceptional items of INR 6,342.801 million, loss from ordinary activities before tax of INR 7,499.876 million, net loss of INR 7,408.805 million or INR 61.29 basic and diluted per share compared to the total income from operations of INR 1,779.979 million, loss from operations before other income and finance costs and exceptional items of INR 974.097 million, loss from ordinary activities before tax of INR 2,331.446 million, net loss of INR 2,334.042 million or INR 19.34 basic and diluted per share for the same quarter a year ago.
For the year, on standalone basis, the company reported total income from operations of INR 2,470.776 million, loss from operations before other income and finance costs and exceptional items of INR 8,109.256 million, loss from ordinary activities before tax of INR 11,231.645 million, net loss of INR 11,138.109 million or INR 46.07 basic and diluted per share compared to the total income from operations of INR 3,813.954 million, loss from operations before other income and finance costs and exceptional items of INR 2,191.104 million, loss from ordinary activities before tax of INR 5,403.357 million, net loss of INR 5,403.723 million or INR 65.06 basic and diluted per share for the previous year.
For the year, on consolidated basis, the company reported total income from operations of INR 2,473.25 million, loss from operations before other income and finance costs and exceptional items of INR 7,950.425 million, loss from ordinary activities before tax of INR 11,574.041 million, net loss of INR 11,480.227 million or INR 94.95 basic and diluted per share compared to the total income from operations of INR 4,354.838 million, loss from operations before other income and finance costs and exceptional items of INR 1,917.109 million, loss from ordinary activities before tax of INR 5,663.185 million, net loss of INR 5,663.986 million or INR 46.86 basic and diluted per share for the same quarter 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 Standalone Earnings Results for the Fourth Quarter and Audited Standalone and Consolidated Earnings Results for the Year Ended March 31, 2017