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HDIL dips after Q4FY12 results-news30052012


HDIL fell over 3% and touched the day’s low of Rs64.75 on the BSE, after the company posted poor Q4FY12 results.


Housing Development and Infrastructure Ltd (HDIL) has announced the following results for the quarter & year ended March 31, 2012:

The audited results for the quarter ended March 31, 2012:

    The net profit of the company fell by 51.01% to Rs96.67 crore for the quarter ended March 31, 2012 as compared to Rs197.31 crore for the quarter ended March 31, 2011.
    The total income decreased by 61.87% to Rs208.81 crore for the quarter ended March 31, 2012 from Rs547.62 crore for the quarter ended March 31, 2011.


The audited results for the year ended March 31, 2012:

    The net profit of the company declined by 56.83% to Rs386.97 crore for the year ended March 31, 2012 as compared to Rs896.41 crore for the year ended March 31, 2011.
    The total income slipped by 44.52% to Rs1066.67 crore for the year ended March 31, 2012 from Rs1922.76 crore for the year ended March 31, 2011.


Consolidated Results:

The audited consolidated results for the quarter ended March 31, 2012:

    The net profit of the Group rose by 70.35% to Rs315.51 crore for the quarter ended March 31, 2012 as compared to Rs185.21 crore for the quarter ended March 31, 2011.
    The total income increased by 16.31% to Rs649.79 crore for the quarter ended March 31, 2012 from Rs558.69 crore for the quarter ended March 31, 2011.


The audited consolidated results for the year ended March 31, 2012:

    The net profit of the group down by 1.45% to Rs809.83 crore for the year ended March 31, 2012 as compared to Rs821.75 crore for the year ended March 31, 2011.
    The total income advanced by 8.49% to Rs2057.66 crore for the year ended March 31, 2012 from Rs1896.60 crore for the year ended March 31, 2011.
....more info



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