Unitech has come out with third quarter numbers. The company posted net profit of Rs 452.4 crore (Rs 4.52 billion) versus Rs 13.8 crore (Rs 138 million) in the corresponding quarter of the previous year.
Its net sales stood at Rs 1,002.7 crore (Rs 10.02 billion) versus Rs 171.9 crore (Rs 1.71 billion).
The other income was up at Rs 13.9 crore (Rs 139 million) from Rs 4.7 crore (Rs 47 million).
Its operating profit increased to Rs 695 crore (Rs 6.95 billion) from Rs 23.7 crore (Rs 237 million). The operating profit margins stood at 69.3% versus 13.8%.
Q3FY07 Cost Structure
As a % of Net Sales Q3FY07 Q3FY06
Raw Material 28.9% 85.0%
Staff Cost 1.5% 4.0%
Q3FY07 Segmental Revenues
Construction Revenues up 68.3% at Rs 72.2 cr from Rs 42.9 cr
Real Estate Revenues at Rs 920.8 cr from Rs 125.4 cr
Consultancy Revenues up 172.6% at Rs 9.8 cr from Rs 3.6 cr
Construction Margins down to 10.8% from 19%
Real Estate Margins up to 77.3% from 20.1%