February 28, 2017 6:33 AM ET

Real Estate Management and Development

Company Overview of Unitech Limited

Company Overview

Unitech Limited primarily develops real estate properties in India and internationally. Its property portfolio includes residential, commercial, hospitality, retail, and entertainment projects, as well as special economic zones, IT parks, and industrial and logistic parks. The company’s real estate development activities include the 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 other buildings/structures, as well as the manufacture of transmission lines. It also manufactures power transmission...

Unitech Commercial Tower II

Sector 45

Block B

Greenwood City

Gurgaon,  122001

India

Founded in 1971

Phone:

91 12 4483 5300

Fax:

91 12 4483 5399

Key Executives for Unitech Limited

Managing Director and Executive Director
Age: 43
Managing Director, Executive Director, Member of Committee of Directors, Member of Audit Committee, Member of Stakeholders Relationship Committee and Member of Corporate Social Responsibility Committee
Age: 48
Executive Chairman, Chairman of Committee of Directors and Member of Nomination & Remuneration Committee
Age: 77
Chief Financial Officer and Executive Vice President
Total Annual Compensation: 2.8M
Compensation as of Fiscal Year 2016.

Unitech Limited Key Developments

Unitech Limited Reports Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016

Unitech Limited reported consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, on standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 2,844.074 million against INR 2,385.919 million a year ago. Profit from operations before other income, finance costs, exceptional items and prior period adjustments of INR 698.770 million against INR 894.225 million a year ago. Profit from ordinary activities before tax was INR 544.890 million against INR 423.107 million a year ago. Net profit for the period was INR 359.546 million against INR 307.698 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.14 against INR 0.12 per share a year ago. For the nine months, on standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 7,546.994 million against INR 9,158.520 million a year ago. Profit from operations before other income, finance costs, exceptional items and prior period adjustments of INR 959.043 million against INR 791.214 million a year ago. Profit from ordinary activities before tax was INR 482.817 million against INR 371.696 million a year ago. Net profit for the period was INR 267.383 million against INR 167.414 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.10 against INR 0.06 per share a year ago. For the quarter, on consolidated basis, the company reported net sales/income from operations (net of excise duty) of INR 4,015.997 million against INR 3,801.899 million a year ago. Profit from operations before other income, finance costs, exceptional items and prior period adjustments of INR 487.048 million against INR 892.456 million a year ago. Profit from ordinary activities before tax was INR 34.556 million against INR 100.691 million a year ago. Net loss for the period was INR 255.249 million against INR 58.494 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.07 against INR 0.05 per share a year ago. For the nine months, on consolidated basis, the company reported net sales/income from operations (net of excise duty) of INR 12,624.798 million against INR 14,112.285 million a year ago. Profit from operations before other income, finance costs, exceptional items and prior period adjustments of INR 501.909 million against loss of INR 1,968.141 million a year ago. Loss from ordinary activities before tax was INR 831.200 million against INR 3,280.116 million a year ago. Net loss for the period was INR 1,125.342 million against INR 3,647.224 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.29 against INR 1.37 per share a year ago.

Unitech Limited to Report Q3, 2017 Results on Feb 14, 2017

Unitech Limited announced that they will report Q3, 2017 results on Feb 14, 2017

Unitech Limited, Board Meeting, Feb 14, 2017

Unitech Limited, Board Meeting, Feb 14, 2017. Agenda: To consider and approve the unaudited financial results of the company for the third quarter & nine months ended December 31, 2016.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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