HOUSING DEVELOPMENT and INFRASTRUCTURE LTD. - Announces Standalone Q3 results and Limited Review Report for the Quarter ended December 31, 2013

Housing Development and Infrastructure Ltd has announced the following Standalone results for the quarter ended December 31, 2013:<br/><br/>The Unaudited results for the Quarter ended December 31, 2013<br/><br/>The Company has posted a net profit of Rs. 206.60 million for the quarter ended December 31, 2013 where as the same was at Rs. 1256.20 million for the quarter ended December 31, 2012. Total Income is Rs. 999.80 million for the quarter ended December 31, 2013 where as the same was at Rs. 4538.90 million for the quarter ended December 31, 2012.<br/><br/>"The Company follows 'Project Completion method' and accordingly results on quarter to quarter basis may not be comparable."