Housing Development and Infrastructure (HDIL) has reported results for first quarter ended June 30, 2012.
The company has reported a fall of 40.94% in its net profit at Rs 123.47 crore for the quarter under review as compared to a net profit of Rs 209.06 crore for the same quarter in the previous year. The total income from operation of the company has decreased by 59.64% at Rs 217.72 crore for Q1FY13 as compared Rs 539.44 crore for the corresponding quarter previous year.
On the consolidated basis, the group has reported rise fall of 44.37% in its net profit after taxes, minority interest and share of profit of associates at Rs 105.38 crore for Q1FY13 as compared to a net profit of Rs 189.43 crore for Q1FY12. The total income of the group has decreased by 59.53% at Rs 210.58 crore for Q1FY13 as compared Rs 520.35 crore for the corresponding quarter previous year.
