Unitech Ltd.'s Q4 profit plummeted 98% due to high interest rates and property prices impacting demand. The company expects improvement in the current fiscal year with increased funding availability and lower interest rates.
GMR Infrastructure reports Q4 net loss of Rs 1,006.7 crore due to one-time loss from InterGen NV dissociation and Delhi airport losses.
Unity Infraproject reports a 42% rise in profit after tax for FY2008, expands into 3 cities, and targets profitable growth.