Country’s leading real estate developer Housing Development and Infrastructure Limited (HDIL) has announced its fourth quarter financial results for the fiscal year 2009-10.

The company has posted a consolidated net profit of Rs 177.84 crore for the quarter that ended in 31st March, 2010.

The consolidated net profit was reported to be Rs 61.92 crore for the same quarter in the financial year 2008-09. This net profit figure has grown up by almost three fold in this quarter as compared to the same quarter in the last fiscal.

So far as the turnover of the firm are concerned, it has been reported to Rs 437.07 crore during the January-March period of fiscal year 2009-10.

It was Rs 357.86 crore for the same quarter last year. The annual net profit of the company was reported to be fallen down to Rs 596.65 crore for the year under review from Rs 830.43 crore last year.

Annual total income of HDIL has also decreased from Rs 1814.57 crore for last year to Rs 1599.58 crore this fiscal year.