Unitech's net profit down 28 percent

Thursday, 25 June 2009, 22:20 IST
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New Delhi: Realty major Unitech's net profit dipped 28 percent to about 740 crore for 2008-09 from nearly 1,031 crore posted the previous year, the company said Thursday. Its total income in the year under review decreased to 2,455 crore from 2,970 crore earned in 2007-08, it said in a regulatory statement. The group's consolidated profit was around 1,198 crore, as compared to 1,662 crore in the previous year, a fall of 27.92 percent. The total income decreased from 4,280 crore in 2007-08 to 3,316 crore last fiscal. The board of directors has proposed a dividend of 10.
Source: IANS