HDIL Q2 net profit down 35% at Rs 37 cr

Housing Development and Infrastructure Ltd today reported 35 per cent fall in consolidated net profit to Rs 37.01 crore for the September quarter of the current fiscal.
Its net profit stood at Rs 57.1 crore in the same quarter of last fiscal, said the Mumbai-based developer in a regulatory filing.
Income from operations also fell to Rs 218.54 crore in the July-September quarter of 2016-17, from Rs 236.76 crore in the year-ago period.
Total income declined to Rs 223.25 crore in quarter under review, from Rs 242.74 crore in the same period of last fiscal.