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| Exchange Disseminated Time | Housing Development and Infrastructure Ltd has announced the following results for the quarter & year ended March 31, 2014:
The Audited results for the Quarter ended March 31, 2014
The Company has posted a net profit of Rs. 1504.40 million for the Quarter ended March 31, 2014 where as the same was at net loss of Rs. (2622.80) million for the Quarter ended March 31, 2013. Total Income is Rs. 2394.80 million for the Quarter ended March 31, 2014 where as the same was at Rs. 1764.30 million for the Quarter ended March 31, 2013.
The Audited results for the Year ended March 31, 2014
The Company has posted a net profit of Rs. 2448.60 million for the year ended March 31, 2014 where as the same was at Rs. 1453.80 million for the year ended March 31, 2013. Total Income is Rs. 9404.40 million for the year ended March 31, 2014 where as the same was at Rs. 11536.10 million for the year ended March 31, 2013.
The Consolidated Results are as follows :
The Audited Consolidated results for the Quarter ended March 31, 2014
The Group has posted a net profit after taxes, minority interest and share of profit of associates of Rs. 1135.20 million for the Quarter ended March 31, 2014 where as the same was at net loss of Rs. (2799.50) million for the Quarter ended March 31, 2013. Total Income is Rs. 2592.70 million for the Quarter ended March 31, 2014 where as the same was at Rs. 1555.30 million for the Quarter ended March 31, 2013.
The Audited Consolidated results for the Year ended March 31, 2014
The Group has posted a net profit after taxes, minority interest and share of profit of associates of Rs. 1775.70 million for the year ended March 31, 2014 where as the same was at Rs. 733.30 million for the year ended March 31, 2013. Total Income is Rs. 9536.40 million for the year ended March 31, 2014 where as the same was at Rs. 10652.30 million for the year ended March 31, 2013.
The Company follows "Project Completion method" and accordingly results on quarter to quarter basis may not be comparable. |
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