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HDIL net drops 6% to Rs 58 cr

Total income fell 20% to Rs 243 cr in Q2FY16

HDIL net drops 6% at Rs 58 cr

BS Reporter Mumbai
Real estate developer HDIL posted a 6% drop in its net profit for the second quarter of the current financial year at Rs 57.79 crore as compared to Rs 61.8 crore for Q2FY15.

The company's total income fell 20% at Rs 242.6 crore in Q2FY16 as compared to Rs 304.8 crore in Q2FY15.

The company's net debt stood at Rs 3,265.24 crore in Q2FY16 , a decline of 5.53% compared to Rs 3,456.41 crore in Q2FY15.

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First Published: Nov 09 2015 | 12:56 PM IST

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