HDIL Q1 net profit down 82% at Rs 7.53 cr

Realty firm HDIL today reported 82 per cent decline in consolidated net profit at Rs 7.53 crore for the first quarter ended June on lower sales.
Its net profit stood at Rs 40.82 crore in the year-ago period, the Mumbai-based company said in a regulatory filing.
Total income fell to Rs 89.65 crore in the quarter under review from Rs 265.21 crore in the corresponding quarter of previous year.