Incorporated in 1971, Unitech Ltd is in the business of Real Estate, Power Transmission and Hospitality.
Q2 FY26 Earnings Results
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Total Revenue: ₹136 crore, up significantly from ₹79.94 crore in Q2 FY25.
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Net Loss: ₹738.72 crore, reducing slightly from ₹766.76 crore in Q2 FY25 but indicating continuing deep losses.
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Earnings Per Share (EPS): Negative ₹1.52.
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Operating Profit: Approximately ₹75 crore (down from previous quarters).
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Auditor’s Disclaimer: The auditors issued a disclaimer of conclusion citing insufficient evidence for asset valuations, pending reconciliations, and impairment assessments.
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Outstanding loans and liabilities remain high at over ₹10,530 crore in loans and ₹529 crore in unpaid public deposits.
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The company operates under government-appointed management with Supreme Court involvement in resolution proceedings.
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Management continues to seek concessions from the Supreme Court, explore project completion options, and negotiate settlements with creditors.
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Cash flow stress and project delays, especially in Delhi-NCR region, persist.
Management Commentary & Strategic Decisions
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Management acknowledges significant legacy challenges impacting operations and financials.
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Focus on resolving outstanding legal and financial issues through dialogue with courts and financial institutions.
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Emphasis on raising finance, improving cash flows, and completing ongoing projects to stabilize operations.
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Supreme Court’s final decision on the Resolution Framework is critical for future direction.
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Efforts underway to explore One Time Settlement and other restructuring options.
Q1 FY26 Earnings Results
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Total Revenue: Approximately ₹100 crore (quarterly figures indicate increasing but limited revenue).
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Net Loss: Around ₹591.77 crore, showing some improvement from previous quarters but still significant.
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Sequential loss impact reduced but company remains in deep operational and financial distress.
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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.