Moneycontrol PRO

business

Debt is likely to be reduced by 20-25% in Q4FY12: HDIL

Realty player Housing Development and Infrastructure (HDIL) has declared its third quarter results. Sarang Wadhawan, vice chairman and managing director of HDIL says, the debt is likely to be reduced by 20-25% in Q4FY12.

first published: Feb 14, 2012 05:31 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347