New Delhi : Realty firm Unitech posted a consolidated net loss of Rs 281.29 crore during the quarter ended June 30, as the company booked a capital loss in sale of an IT park project by its overseas group firm. It had posted a net profit of Rs 5.56 crore in the year-ago period, the developer said in a statement.
Income from operations fell to Rs 417.55 crore in the first quarter of the fiscal from Rs 1,524.94 crore in the corresponding period of the previous year. Consolidated net debt stood at Rs 6,605 crore as of June 30.
The company achieved sales bookings of 0.23 million sq ft valued at Rs 178 crore during the first quarter of 2015-16 fiscal.