[T.S.R:17978] HDIL FH12 Inventories Exceed Rs 10,000 cr; Will Collapse Under It's Own Weight; SELL

Real Estate, HFCS and Banks Are Ready To Collapse Under The Weight Of Real Estate Inventories

 

Housing Development & Infrastructure Ltd (HDIL) has announced the following Unaudited Consolidated results for the quarter ended September 30, 2011:

The Company has posted a net profit of Rs 1485.50 million for the quarter ended September 30, 2011 as compared to Rs 1965.40 million for the quarter ended September 30, 2010. Total Income has increased from Rs 3951.80 million for the quarter ended September 30, 2010 to Rs 4500.90 million for the quarter ended September 30, 2011.

 

FYI

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