Housing Development and Infrastructure Ltd (HDIL) has posted a 187 per cent jump in profit after tax in the January-March quarter of FY 10. The company has posted a net profit of Rs 177.84 crore for the quarter ended March 31, 2010 as compared to Rs 61.92 crore for the quarter ended March 31, 2009. Total Income increased from Rs 388.77 crore for the quarter ended March 31, 2009 to Rs 464.46 crore for the quarter ended March 31, 2010.
However, for the financial year 2009-10, the company posted a 28.15 per cent fall in net profit at Rs 596.65 crore for the year ended March 31, 2010 as compared to Rs 830.43 crore for the year ended March 31, 2009. Total Income decreased from Rs 1,814.57 crore for the year ended March 31, 2009 to Rs 1,599.58 crore for the year ended March 31, 2010.
The group has posted a net profit of Rs 56,657 crore for the year ended March 31, 2010 as compared to Rs 78,071 crore for the year ended March 31, 2009. Total Income has decreased from Rs 1,78,242 crore for the year ended March 31, 2009 to Rs 1,53,663 crore for the year ended March 31, 2010.
