HDIL Q2 net profit up 64 pc at Rs 60.87 cr

New Delhi, Nov 14 (PTI) Realty firm HDIL today reported64 per cent increase in its consolidated net profit at Rs60.87 crore for the quarter ended S...

New Delhi, Nov 14 (PTI) Realty firm HDIL today reported64 per cent increase in its consolidated net profit at Rs60.87 crore for the quarter ended September.

Its net profit stood at Rs 37.03 crore in the year-agoperiod, the Mumbai-based company said in a regulatory filing.

Total income, however, fell to Rs 163.07 crore in thesecond quarter of this fiscal from Rs 223.26 crore in thecorresponding period of the previous year.

Profit rose sharply as the company reported tax benefitsof Rs 44.5 crore during the quarter ended September. PTI MJHSBT.

This is unedited, unformatted feed from the Press Trust of India wire.

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