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| Exchange Disseminated Time 14/02/2017 17:40:50 | Housing Development and Infrastructure Ltd has announced the following results for the quarter ended December 31, 2016:
The Unaudited Standalone results for the Quarter ended December 31, 2016
The Company has posted a net profit of Rs. 138.90 million for the quarter ended December 31, 2016 where as the same was at Rs. 924.10 million for the quarter ended December 31, 2015. Total Income is Rs. 1039.20 million for the quarter ended December 31, 2016 where as the same was at Rs. 3293.70 million for the quarter ended December 31, 2015.
The Consolidated Results are as follows:
The Unaudited Consolidated results for the Quarter ended December 31, 2016
The Group has posted a net profit after tax, minority interest and share of profit / (Loss) of associates and Joint Ventures of Rs. 162.20 million for the quarter ended December 31, 2016 where as the same was at Rs. 1003.20 million for the quarter ended December 31, 2015. Total Income is Rs. 1164.40 million for the quarter ended December 31, 2016 where as the same was at Rs. 3291.60 million for the quarter ended December 31, 2015.
- The Company follows "Project Completion method" and accordingly results on quarter to quarter basis may not be comparable. |
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