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      Company Updates

      Unitech net loss widens to Rs 808 crore in Q2

      Unitech
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      Realty firm Unitech Ltd on Thursday reported a consolidated net loss of Rs 808.45 crore for the quarter ended September on lower income.

      Its net loss stood at Rs 738.72 crore in the year-ago period, PTI reported.

      The total income declined to Rs 120.94 crore in the second quarter of this fiscal year from Rs 151.01 crore in the corresponding period of the preceding year, according to a regulatory filing.

      During the 2025-26 fiscal year, the company posted a net loss of Rs 3,018.14 crore on a total income of Rs 566.80 crore.

      In 2020, Unitech’s board was superseded by the central government on the Supreme Court’s direction. The Ministry of Corporate Affairs proposed the constitution of a new board, which was approved by the apex court on January 20, 2020.

      Unitech Ltd is facing a huge cash crunch, resulting in significant delays in the execution of its housing projects, primarily in Delhi-NCR. Around 20,000 customers are stuck across the company’s projects.

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