HUDCO Q2 profit rises 52% to Rs 689 crore 
News Updates

HUDCO Q2 profit rises 52% to Rs 689 crore

HUDCO on Tuesday reported a 52 percent increase in consolidated net profit to Rs 688.62 crore for the September quarter

PTI

New Delhi: Housing and Urban Development Corporation Ltd (HUDCO) on Tuesday reported a 52 percent increase in consolidated net profit to Rs 688.62 crore for the September quarter.

Its net profit stood at Rs 451.65 crore in the year-ago period.

PSU Watch is now on Whatsapp Channels. Click here to join

The company's total income rose to Rs 2,526.14 crore in the second quarter of this fiscal year from Rs 1,880.85 crore in the corresponding period of the preceding year, according to a regulatory filing.

Housing and Urban Development Corporation Ltd (HUDCO) is a premier techno-financing public sector enterprise, in the field of housing and infrastructure development.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Employment at Pvt banks dips in FY25 due to a drop at ICICI Bank; inches up in PSU banks

NHPC stake in Ratle Hydroelectric Power Corporation falls to 49.72%

RBI asks microlenders to monitor stress build-up

RVNL emerges L1 for Rs 201.23 crore wagon workshop project for East Coast Railway

Coal India appoints Rajiva Kumar Singh as Executive Director (Exploration)