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HDIL Q2 profit down 11pc at Rs 54 cr

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Press Trust of India New Delhi

Realty firm HDIL Wednesday reported 11 per cent decline in consolidated net profit at Rs 54.41 crore for the second quarter of 2018-19.

Its net profit stood at Rs 60.87 crore in the year-ago period, the company said in a regulatory filing.

Total income however increased to Rs 304.09 crore during the reported quarter from Rs 163.07 crore in the year-ago period.

Stock of HDIL closed at Rs 22.60, up 4.87 per cent, on BSE.

 

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First Published: Nov 14 2018 | 5:25 PM IST

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