Real estate firm HDIL’s debt comes down by 5%
Statistics show that Mumbai-based real estate firm Housing Development and Infrastructure Ltd’s (HDIL) gross debt has come down by 5 per cent in the first six months of the current calendar year and stood at Rs 4,040 crore as on June 30.
However, HDIL reported 44 per cent fall in net profit. Profit stands at Rs 105.38 crore for the quarter ended June 30, while the developer had posted net profit of Rs 189.43 crore in the year-ago period.
Currently, HDIL is executing the largest rehabilitation project of about 85,000 slum dwellers under expansion and modernisation of Chhatrapati Shivaji International Airport in Mumbai.
Chhatrapati Shivaji International Airport, fall in net profit, Housing Development and Infrastructure Ltd. (HDIL), Mumbai, Mumbai-based Realty firm, Real estate in India, Real Estate India, Realty News, Slum dwellers, Slum rehabilitation project
[...] Real estate firm HDIL’s debt comes down by 5% [...]
[...] Real estate firm HDIL’s debt comes down by 5% [...]