HDIL has declared its third quarter results of FY10. Its net profit went down 11.96% to Rs 162.8 crore versus Rs 184.9 crore, on year-on-year basis (YoY). Net Profit excluding extraordinaries was up 115% to Rs 162.76 crore.
Net sales increased 30.3% to Rs 408.9 crore from Rs 313.9 crore (YoY).
In a press conference - HDIL says
-To launch 3-4 million sq ft in residential every year
-Current TDR price at Rs 2,500/sq ft
-MIAL phase I to be completed in 6 months
-Plan to launch 2-3 million sq ft commercial space in 6 months
-Debt-equity ratio at 0.49
-Booked 1.5 million TDR sales
-Residential prices increased by 15%
-Commercial Segment picking up
Source: CNBC-TV18Courtesy moneycontrol.com
Also check
Posts
No comments:
Post a Comment