Housing Development and Infrastructure (HDIL) has reported results for first quarter ended June 30, 2013.
The company has reported 80.43% fall in its net profit at Rs 24.16 crore for the quarter as compared to Rs 123.47 crore for the same quarter in the previous year. Total income of the company has decreased by 31.63% at Rs 148.84 crore for quarter under review as compared to Rs 217.72 crore for the quarter ended June 30, 2012.
On the consolidated basis, the group registered a fall of 84.58% in its net profit after taxes, Minority Interest and Share of Profit of associates at Rs 16.25 crore for the quarter as compared to Rs 105.38 crore for the same quarter in the previous year. Total income of the company, on consolidated basis, has decreased by 23.62% at Rs 160.84 crore for quarter under review as compared to Rs 210.58 crore for the quarter ended June 30, 2012.
