Housing Development & Infrastructure standalone net profit rises 7.76% in the March 2017 quarter

Sales decline 61.50% to Rs 129.51 crore

Net profit of Housing Development & Infrastructure rose 7.76% to Rs 59.47 crore in the quarter ended March 2017 as against Rs 55.19 crore during the previous quarter ended March 2016. Sales declined 61.50% to Rs 129.51 crore in the quarter ended March 2017 as against Rs 336.40 crore during the previous quarter ended March 2016.

For the full year,net profit declined 48.51% to Rs 175.25 crore in the year ended March 2017 as against Rs 340.35 crore during the previous year ended March 2016. Sales declined 39.50% to Rs 697.31 crore in the year ended March 2017 as against Rs 1152.55 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales129.51336.40 -62 697.311152.55 -40 OPM %98.7349.95 -68.9455.43 - PBDT77.2569.31 11 215.91294.16 -27 PBT75.5167.57 12 208.57286.42 -27 NP59.4755.19 8 175.25340.35 -49

Powered by Capital Market - Live News