Housing & Urban Development Corporation standalone net profit declines 20.81% in the March 2017 quarter

Image
Capital Market
Last Updated : Jun 01 2017 | 6:01 PM IST

Sales decline 9.14% to Rs 879.98 crore

Net profit of Housing & Urban Development Corporation declined 20.81% to Rs 315.36 crore in the quarter ended March 2017 as against Rs 398.21 crore during the previous quarter ended March 2016. Sales declined 9.14% to Rs 879.98 crore in the quarter ended March 2017 as against Rs 968.48 crore during the previous quarter ended March 2016.

For the full year,net profit rose 7.40% to Rs 841.81 crore in the year ended March 2017 as against Rs 783.79 crore during the previous year ended March 2016. Sales rose 7.90% to Rs 3509.55 crore in the year ended March 2017 as against Rs 3252.48 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales879.98968.48 -9 3509.553252.48 8 OPM %94.9994.64 -86.5390.07 - PBDT385.65498.79 -23 1174.741071.94 10 PBT385.65498.79 -23 1174.741071.94 10 NP315.36398.21 -21 841.81783.79 7

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Jun 01 2017 | 5:46 PM IST

Next Story