Housing Development and Infrastructure (HDIL) has reported results for second quarter ended September 30, 2014.
The company has posted a rise of 27.30% in its net profit at Rs 63.14 crore for the quarter ended September 30, 2014 as compared to Rs 49.60 crore for the same quarter in the previous year. However, total income has decreased by 32.73% at Rs 304.29 crore for quarter under review as compared to Rs 452.34 crore for the quarter ended September 30, 2013.
On consolidated basis, the company’s net profit after taxes and minority interest for the quarter under review registered 35.53% growth at Rs 57.87 crore against Rs 42.70 crore in the September quarter of previous fiscal. However, the company’s total income has decreased by 31.33% at Rs 304.84 crore for the quarter from Rs 443.90 crore in the similar quarter of previous year.
The company follows ‘Project Completion method’ and accordingly results on quarter to quarter basis may not be comparable.
| Company Name | CMP |
|---|---|
| Lodha Developers | 871.70 |
| Dilip Buildcon | 457.55 |
| DLF | 601.80 |
| Oberoi Realty | 1710.00 |
| Ahluwalia Contract(I | 832.90 |
| View more.. | |
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