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September 05, 2015 1:07 PM ET

Real Estate Management and Development

Company Overview of Unitech Ltd.

Company Overview

Unitech Limited develops real estate properties and infrastructure in India and internationally. Its property portfolio includes residential, commercial, special economic zones, IT parks, industrial and logistic parks, refineries, hospitality, retail, and entertainment projects, as well as various other buildings/structures. The company’s real estate development activities include development of mini cities/townships; construction of residential and commercial complexes, such as shopping malls and various types of dwelling units; and construction contracts for highways, roads, powerhouses, refineries, hotels, hospitals, and buildings, as well as transmission lines manufacturing. It also manu...

Unitech House

L Block

South City-I

Gurgaon,  122001

India

Founded in 1971

Phone:

91 12 4412 5200

Fax:

91 12 4238 3332

Key Executives for Unitech Ltd.

Managing Director, Executive Director and Member of Committee of Directors
Age: 42
Total Annual Compensation: $15.8M
Managing Director, Executive Director, Member of Committee of Directors, Member of Audit Committee, Member of Shareholders/Investors Grievance Committee and Member of Telecom Business Restructuring Committee
Age: 47
Total Annual Compensation: $15.8M
Executive Chairman, Chairman of Committee of Directors and Member of Remuneration Committee
Age: 76
Total Annual Compensation: $17.8M
Compensation as of Fiscal Year 2014.

Unitech Ltd. Key Developments

Unitech Ltd. Announces Unaudited Consolidated and Standalone Earnings Results for the First Quarter Ended June 30, 2015

Unitech Ltd. announced unaudited consolidated and standalone earnings results for the first quarter ended June 30, 2015. For the quarter, on standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 2,010.528 million against INR 3,020.202 million a year ago. Loss from operations before other income, finance costs, exceptional items and prior period adjustments was INR 398.928 million against INR 48.021 million a year ago. Profit from ordinary activities before tax was INR 1.656 million against INR 258.938 million a year ago. Net profit for the year was INR 2.196 million against INR 184.265 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.00 against INR 0.07 a year ago. For the quarter, on consolidated basis, the company reported net sales/income from operations (net of excise duty) of INR 4,175.547 million against INR 15,249.406 million a year ago. Loss from operations before other income, finance costs, exceptional items and prior period adjustments was INR 2,852.279 million against profit from operations before other income, finance costs, exceptional items and prior period adjustments of INR 10,355.118 million a year ago. Loss from ordinary activities before tax was INR 2,908.606 million against profit from ordinary activities before tax of INR 9,914.672 million a year ago. Net loss for the year was INR 2,908.606 million against net profit for the period of INR 7.406 million a year ago. Basic and diluted loss per share before extraordinary items(not annualized) was INR 1.08 against earnings per share of INR 3.81 a year ago. Net debt as on June 30, 2015 was INR 66,050 million.

Unitech Ltd. to Report Q1, 2016 Results on Aug 13, 2015

Unitech Ltd. announced that they will report Q1, 2016 results on Aug 13, 2015

Unitech Ltd., Board Meeting, Aug 13, 2015

Unitech Ltd., Board Meeting, Aug 13, 2015. Agenda: To consider and approve the unaudited financial results for the first quarter ended June 30, 2015.

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