The company posted a net profit of Rs 107.35 crore for the third quarter of current financial year as compared Rs 155.79 crore it posted in the Q3 of FY 2012.
The company's finance costs went up 29% at Rs 181.81 crore during the Q3 of FY 2013 as compared to Rs 141.20 crore during the corresponding quarter of FY 2012.
HDIL's income from operations saw a flat growth at Rs 423.17 crore in the Q3 of FY 2013 as compared to Rs 425.65 core during the corresponding quarter.
The company said its standalone debt was reduced by Rs 202.5 crore and stands at Rs. 3466.94 crore as on December 31, 2012.
HDIL stock was trading at Rs 68.55 at 1.45 pm, nearly 0.44% down from previous close.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)