HUDCO Q3 profit up 27% to Rs 328 cr

Image
Press Trust of India New Delhi
Last Updated : Jan 21 2019 | 7:40 PM IST

State-owned HUDCO Monday reported a 27 per cent increase in its net profit to Rs 328.26 crore for the quarter ended December.

Its net profit stood at Rs 258.68 crore in the year-ago period, the company said in a regulatory filing.

The company's total income rose to Rs 1,319.65 crore in the third quarter of this fiscal from Rs 1,102.33 crore in the corresponding period of the previous year.

Housing and Urban Development Corporation (HUDCO) provides loans for housing and urban infrastructure projects.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 21 2019 | 7:40 PM IST

Next Story