HDIL consolidated Q3 profit drops 32%

HDIL consolidated Q3 profit drops 32%

Housing Development and Infrastructure (HDIL) has posted consolidated profit after taxes, minority interest and Share of profit of associates of Rs 1.56 billion for the quarter ended December 31, 2011 as compared to Rs 2.28 billion for the quarter ended December 31, 2010, representing decrease of 31.72%. 
 
Total consolidated income has decreased from Rs 4.75 billion for the quarter ended December 31, 2010 to Rs 4.40 billion for the quarter ended December 31, 2011, representing an decrease of 7.37%.

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