HDIL Q2 Net dips 44 pct to Rs 148.59 cr

Agencies
Posted: Thursday, Oct 29, 2009 at 1414 hrs IST
Updated: Thursday, Oct 29, 2009 at 1414 hrs IST

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Mumbai: Housing Development & Infrastructure Ltd (HDIL) on Thursday reported a 44 per cent decline in net profit at Rs 148.59 crore during the second quarter ended September 30, 2009.

Total income of the realty firm dropped to Rs 381.05 crore during the July-September quarter, from Rs 503.02 crore in the corresponding period a year ago.

Shares of HDIL were trading at Rs 335.70, down 3.38 per cent in the afternoon trade on the BSE.

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