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Housing Development & Infrastructure standalone net profit declines 35.83% in the September 2016 quarter

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Capital Market

Sales decline 8.36% to Rs 214.88 crore

Net profit of Housing Development & Infrastructure declined 35.83% to Rs 36.79 crore in the quarter ended September 2016 as against Rs 57.33 crore during the previous quarter ended September 2015. Sales declined 8.36% to Rs 214.88 crore in the quarter ended September 2016 as against Rs 234.48 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales214.88234.48 -8 OPM %51.3768.36 -PBDT38.9769.56 -44 PBT37.1167.58 -45 NP36.7957.33 -36

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First Published: Dec 14 2016 | 3:57 PM IST

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