Delhi-based realty firm Unitech Ltd has registered net profit of Rs 415.56 crore for the second quarter ended September 30, 2008 as compared with Rs 138.09 crore reported during the same quarter in 2007.

The total income for the quarter has also surged to Rs 906.33 crore from Rs 572.60 crore in the year-ago period. However, company's consolidated net profit declined by 12.48 per cent to Rs 358.92 crore for the July-September quarter.

The company had a net profit of Rs 410.12 crore in the same quarter last fiscal. Recently,

Unitech has offloaded a 60% stake in its telecom venture for Rs 6,120 crore to Norwegian telecom firm Telenor.