The company announced the results during trading hours today, 30 May 2012.

Meanwhile, the BSE Sensex was down 47.46 points or 0.29% to 16,391.12.

On BSE, 36.72 lakh shares were traded in the counter as against average daily volume of 45.18 lakh shares over the past one quarter.

The stock hit a high of Rs 67.40 and a low of Rs 64.75 so far during the day. The stock had hit a record low of Rs 52.10 on 2 January 2012. The stock had hit a 52-week high of Rs 180.65 on 7 June 2011.

The stock had underperformed the market over the past one month till 29 May 2012, falling 15.81% compared with the Sensex's 4.36% fall. The scrip had also underperformed the market in past one quarter, tumbling 41.54% as against Sensex's 7.4% fall.

The company has an equity capital of Rs 419 crore. Face value per share is Rs 10.

The Housing Development & Infrastructure (HDIL) stock had witnessed a pre-result rally. The stock had rallied 9.14% in four trading sessions to settle at Rs 66.85 on Tuesday, 29 May 2012, from a recent low of Rs 61.25 on 23 May 2012.

HDIL's consolidated net profit jumped 70.35% to Rs 315.51 crore on 16.3% growth in total income to Rs 649.79 crore in Q4 March 2012 over Q4 March 2011. Consolidated net profit fell 1.45% to Rs 809.83 crore on 8.49% growth in total income to Rs 2057.66 crore in the year ended 31 March 2012 over the year ended 31 March 2011.

HDIL's board of directors at a meeting held today, 30 May 2012, approved forfeiture of outstanding 2.20 crore convertible warrants issued to Shri Sarang Wadhawan, promoter of the company.

HDIL's operations include residential, commercial, and retail real estate development.