SENSEX: 72,400 ▲ 0.5% NIFTY: 21,800 ▲ 0.4% GOLD: 62,500 ▼ 0.2%
AlphaStreet Analysis

Unitech Q2 FY26 Earnings Results

Unitech Q2 FY26 Earnings Results

Incorporated in 1971, Unitech Ltd is in the business of Real Estate, Power Transmission and Hospitality.

 

Q2 FY26 Earnings Results

  • Total Revenue: ₹136 crore, up significantly from ₹79.94 crore in Q2 FY25.

  • Net Loss: ₹738.72 crore, reducing slightly from ₹766.76 crore in Q2 FY25 but indicating continuing deep losses.

  • Earnings Per Share (EPS): Negative ₹1.52.

  • Operating Profit: Approximately ₹75 crore (down from previous quarters).

  • Auditor’s Disclaimer: The auditors issued a disclaimer of conclusion citing insufficient evidence for asset valuations, pending reconciliations, and impairment assessments.

  • Outstanding loans and liabilities remain high at over ₹10,530 crore in loans and ₹529 crore in unpaid public deposits.

  • The company operates under government-appointed management with Supreme Court involvement in resolution proceedings.

  • Management continues to seek concessions from the Supreme Court, explore project completion options, and negotiate settlements with creditors.

  • Cash flow stress and project delays, especially in Delhi-NCR region, persist.​

 

Management Commentary & Strategic Decisions

  • Management acknowledges significant legacy challenges impacting operations and financials.

  • Focus on resolving outstanding legal and financial issues through dialogue with courts and financial institutions.

  • Emphasis on raising finance, improving cash flows, and completing ongoing projects to stabilize operations.

  • Supreme Court’s final decision on the Resolution Framework is critical for future direction.

  • Efforts underway to explore One Time Settlement and other restructuring options.​

 

Unitech Q2 FY26 Earnings Results

 

Q1 FY26 Earnings Results

  • Total Revenue: Approximately ₹100 crore (quarterly figures indicate increasing but limited revenue).

  • Net Loss: Around ₹591.77 crore, showing some improvement from previous quarters but still significant.

  • Sequential loss impact reduced but company remains in deep operational and financial distress.

  • Continued government oversight and management restructuring efforts ongoing.

 

To view the company’s previous earnings and latest concall transcripts, click here  to visit the Alphastreet India news channel.

Tags:
Ad