Unitech Ltd on 31 July announced a bonus issue of shares in the ratio of 1:1 and a dividend of 25% on equity shares of Rs2 each.
The company on 30 July reported a near five-fold increase in its first quarter net profit this fiscal to Rs347.83 crore from Rs73.92 crore in the corresponding period last year. Total income on standalone basis rose to Rs788.73 crore during April-June 2007-08 from Rs306.21 crore in the same quarter of last fiscal. On consolidated basis, first quarter net profit stood at Rs365.67 crore on a total income of Rs899.67 crore.
The company on 30 July reported a near five-fold increase in its first quarter net profit this fiscal to Rs347.83 crore from Rs73.92 crore in the corresponding period last year. Total income on standalone basis rose to Rs788.73 crore during April-June 2007-08 from Rs306.21 crore in the same quarter of last fiscal. On consolidated basis, first quarter net profit stood at Rs365.67 crore on a total income of Rs899.67 crore.
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