Unitech Q4 net loss widens to nearly ₹1,000 crore

NEW DELHI: Unitech on Tuesday reported a consolidated net loss of ₹999.83 crore for the quarter ended March 31, 2018, despite higher income. The Gurugrambased developer had posted a net loss of ₹290.19 crore in the year-ago period, according to a regulatory filing. Total income however jumped over two fold to ₹977.59 crore during Januarymarch, 2017-18 from ₹480.36 crore in the year-ago quarter.