Unitech results out!!

Unitech Q3 net up 39.2% at Rs 525.8 cr

Unitech has announced its third quarter numbers. It has posted consolidated Q3 net profit of Rs 525.8 crore as against Rs 377.8 crore, a growth of 39.2%

Net sales increased by 18.7% at Rs 1142.1 crore versus Rs 962.3 crore. OPM stood at 64.3% versus 64.6%. Tax declined to Rs 131 crore from Rs 209 crore.

According to CNBC-TV18 estimates, it was expected to post net sales of Rs 1,179.4 crore and net profit of Rs 448 crore.

RCOM results today..

Reliance Communication (RCOM) is to come out with its Q3 FY078 result. According to CNBC-TV18 estimates, the company in Q3 FY08 is expected to post net profit of Rs 1335.6 cr versus Rs 1304 cr, up 2.42% on QoQ basis. During the same quarters, its net revenues were at Rs 4975.21 cr versus Rs 4579 cr, up 8.65% on QoQ basis.

RCOM: Q3 expectations
* Wireless revenues expected to grow 11% QoQ ; Broadband to grow 11% QoQ, Global services by 2%
* ARPUs expected to decline by 2%; MOU expected flat
* Expect EBIDTA margins to remain flat