In the line of profit house for the current fiscal term Unitech has also succeeded to accompany its other counterparts. According to the recent source of www.propertykhazana.com Unitech has made its mark with net rise of 29.56 percent amounting Rs 176.45 crores for the current fiscal term. It has all come the way with restructuring of the bank funding to the company and selling of the telecom arm to Telenor of Norway.
Source of www.propertykhazana.com also reveals that the company has made a tremendous rise of total income rising from Rs 491.23 crore to that of Rs 774.54 crore with 57.56 percent. Looking back to the history of calculation Unitech remained at the top of the leading realty in the criteria of badly effected company at the last couple of years. Now the company has succeeded to reduce the debt by Rs 2855 crore with a balance of Rs 6200.43 crore. The company also posses a bank balance of Rs 610 crore as recorded for the current economic period.
Managing director of Unitech - Sanjay Chandra is excited making this announcement and says that “the company is still making a good come back after a dark age in both property sales and launching of new projects”. For the current calendar the company has around 60 fresh projects to get on action across the nation and responses for the sales are also making good progress. For more and latest realty news updates visit www.propertykhazana.com.
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