Unitech net profit slips to Rs 111.36 cr;stk down

MUMBAI: Unitech reported consolidated net profit of Rs 111.36 crores for the quarter ended December 2010 against Rs 176.01 crores in the same quarter previous year. Net sales stood at Rs 659.79 crores against Rs 774.46 crores in the same quarter a previous fiscal.

The stock was at Rs 35.45, down 2.21 per cent on the NSE. It touched a high of Rs 36 and low of Rs 34.10 in trade so far. Around 3.65 crore shares were traded in the counter.