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Housing Development & Infrastructure standalone net profit declines 77.77% in the March 2015 quarter

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Capital Market

Sales decline 10.85% to Rs 144.38 crore

Net profit of Housing Development & Infrastructure declined 77.77% to Rs 33.44 crore in the quarter ended March 2015 as against Rs 150.44 crore during the previous quarter ended March 2014. Sales declined 10.85% to Rs 144.38 crore in the quarter ended March 2015 as against Rs 161.96 crore during the previous quarter ended March 2014.

For the full year,net profit declined 7.56% to Rs 226.35 crore in the year ended March 2015 as against Rs 244.86 crore during the previous year ended March 2014. Sales rose 33.37% to Rs 988.61 crore in the year ended March 2015 as against Rs 741.23 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales144.38161.96 -11 988.61741.23 33 OPM %86.57101.65 -62.2681.40 - PBDT50.26124.01 -59 314.26263.34 19 PBT47.50122.08 -61 307.55255.54 20 NP33.44150.44 -78 226.35244.86 -8

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First Published: May 15 2015 | 4:46 PM IST

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