Realty developer HDIL today reported a nearly three-fold jump in net profit to Rs 177.84 crore for the March quarter on increased revenue.

The company had recorded a Rs 61.92 crore net profit for the quarter ended March 31, 2009, it said in a filing to the Bombay Stock Exchange.

HDIL's revenue in the final quarter of 2009-10 increased by 21.29 per cent to Rs 434.07 crore, compared to Rs 357.86 crore in the corresponding quarter of the previous fiscal.

Year-on-year, HDIL's net profit fell by 28.15 per cent to Rs 596.65 crore from Rs 830.43 crore in 2008-09.

Revenue was also down to Rs 1,491.99 crore from Rs 1,719.29 crore a year ago