Unitech Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
UNITECH · price
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Unitech's Board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, along with the appointment of M/s Pant S. & Associates as Cost Auditors for FY26 and CS Kiran Amarpuri as Secretarial Auditor for a 5-year term (FY26–FY30). Standalone revenue from operations rose sharply to Rs. 5,246.59 lakhs from Rs. 2,550.27 lakhs a year earlier, while total income doubled to Rs. 6,180.17 lakhs. Despite this, the company reported a net loss of Rs. 40,835.85 lakhs (vs. Rs. 91,770.06 lakhs loss in Q1 FY25), dragged mainly by finance costs of Rs. 40,583.20 lakhs; EPS was Rs. (1.56). The statutory auditor (GSA & Associates LLP) issued a Disclaimer of Conclusion on both standalone and consolidated results, citing material uncertainty on going concern, non-assessment of impairments on investments of over Rs. 972 crore, unreconciled legacy balances, and non-compliance with Ind AS. Contingent liabilities rose to Rs. 8,66,846.95 lakhs from Rs. 8,40,853.17 lakhs as of March 31, 2025, with 2,445 cases still pending in the Supreme Court. Total loan defaults stand at around Rs. 10,304 crore and overdue public deposits at Rs. 529 crore (with Rs. 5,639 crore of unaccounted interest). The Supreme Court's Resolution Framework remains pending approval.
This filing is materially negative for shareholders: the auditor's disclaimer and the explicit going-concern warning signal severe financial distress, while losses, debt defaults, and swelling contingent liabilities continue. The doubling in quarterly revenue and narrowing loss offer some encouragement, but the company remains dependent on Supreme Court-brokered relief and restructuring outcomes before any sustainable recovery can be assumed.