Housing Development & Infrastructure Ltd (HDIL) has announced the following Audited results for the quarter & year ended March 31, 2008:

The results for the Quarter ended March 31, 2008

The Company has posted a net profit of Rs 7082.50 million for the quarter ended March 31, 2008. Total Revenue is Rs 9894.90 million for the quarter ended March 31, 2008.

The results for the Year ended March 31, 2008

The Company has posted a net profit of Rs 14105.00 million for the year ended March 31, 2008 as compared to Rs 5418.20 million for the year ended March 31, 2007. Total Revenue has increased from Rs 12165.10 million for the year ended March 31, 2007 to Rs 24323.20 million for the year ended March 31, 2008.

The Consolidated results are as follows:

The consolidated results for the Year ended March 31, 2008

The Group has posted a net profit of Rs 13829.50 million for the year ended March 31, 2008 as compared to Rs 5480.00 million for the year ended March 31, 2007. Total Revenue has increased from Rs 12247.90 million for the year ended March 31, 2007 to Rs 24332.90 million for the year ended March 31, 2008.