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, 2016
May 31, 2016 at 12:41 am
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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, 2016. For the quarter, the company reported net sales/income from operations of INR 735.555 million compared to INR 734.501 million a year ago. Loss from operations before other income, finance costs and exceptional item was INR 928.667 million compared to INR 930.087 million a year ago. Loss from ordinary activities before tax was INR 2,337.889 million compared to loss of INR 1,582.503 million a year ago. Net loss after tax from ordinary activities was INR 2,337.839 million compared to INR 1,639.807 million a year ago. Basic and diluted loss per share was INR 19.34 compared to INR 22.13 a year ago.
For the year, on standalone basis, the company reported net sales/income from operations of INR 2,191.380 million compared to INR 7,633.191 million a year ago. Loss from operations before other income, finance costs and exceptional item was INR 2,144.205 million compared to profit of INR 1,038.459 million a year ago. Loss from ordinary activities before tax was INR 5,545.776 million compared to INR 3,343.312 million a year ago. Net loss after tax from ordinary activities was INR 5,545.726 million compared to INR 3,400.616 million a year ago. Diluted loss per share was INR 66.76 compared to Basic and diluted loss per share of INR 45.90 a year ago.
For the year, on consolidated basis, the company reported net sales/income from operations of INR 3,248.440 million compared to INR 10,980.706 million a year ago. Loss from operations before other income, finance costs and exceptional item was INR 2,771.149 million compared to INR 640.619 million a year ago. Loss from ordinary activities before tax was INR 6,511.261 million compared to INR 3,342.926 million a year ago. Net loss after tax from ordinary activities was INR 6,511.210 million compared to INR 3,415.215 million a year ago. Basic and diluted loss per share was INR 15.08 compared to INR 46.12 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, 2016
UNITY INFRAPROJECTS LIMITED 
