Mumbai: Housing Development & Infrastructure Ltd (HDIL) reported a 44% decline in net profit at Rs148.59 crore during the second quarter ended 30 September, 2009.
Total income of the realty firm dropped to Rs381.05 crore during the July-September quarter, from Rs503.02 crore in the corresponding period a year ago.
Shares of HDIL were trading at Rs335.70, down 3.38% in the afternoon trade on the BSE.