The man used his shirt to help stem the blood loss and managed to apply a makeshift splint by tying his legs together below his knees with his shoe laces.
He had lost his cell phone in the fall and was unable to phone for help.
"He then dragged himself a short distance down hill.
"His screams for help were heard by another climber and his daughter who were fortunately in the vicinity outside the Knoll Ridge Cafe and went to investigate,'' the statement said.
The man was located the climber used his cell phone to call National Park Police and ambulance.
A brief clearance of low cloud allowed the Taupo Greenlea Rescue helicopter to get three Ruapehu Alpine Rescue Organisation members to the site to give first aid.
"The patient was hover loaded into the helicopter and treated by an Advanced Paramedic on the Bruce Road where he was stabilised before being flown to Hospital,'' police said.
"While the man did exceptionally well to drag himself downhill far enough for his cries of help to be heard, he was unprepared and ill equipped for alpine conditions and only wearing street shoes.
