Foreign fund house Citigroup Global Markets (Mauritius) has acquired 42,05,081 shares in realty player Housing Development & Infrastructure (HDIL) for over Rs 33 crore through open market transaction.
The company has reported a fall of 40.94% in its net profit at Rs 123.47 crore for first quarter ended June 30, 2012 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.