Realty firm Housing Development and Infrastructure Ltd (HDIL) today reported over 5% decline in consolidated net profit at Rs 140.55 crore for the quarter ended September 30 due to lower sales.
The Mumbai-based company had posted net profit of Rs 148.54 crore in the year-ago period.
HDIL's revenue fell by 41% at Rs 258.56 crore during the July-September quarter of 2012-13 fiscal, as against Rs 441.63 crore in the corresponding period of last fiscal, according to company's filing on the BSE.
