Housing Development and Infrastructure (HDIL) has reported results for second quarter ended September 30, 2016.
The company has reported 35.83% fall in its net profit at Rs 36.79 crore for the quarter under review as compared to Rs 57.33 crore for the same quarter in the previous year. Total income of the company decreased by 8.01% at Rs 223.39 crore for the quarter under review as compared Rs 242.84 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 35.18% drop in its net profit at Rs 37.01 crore for the quarter ended September 30, 2016 as compared to Rs 57.10 crore for the same quarter in the previous year. Total Income of the company has decreased by 8.03% to Rs 223.25 crore for quarter under review from Rs 242.74 crore for the quarter ended September 30, 2015.