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Hudco net jumps 52%to `210.85 crore

Hudco net jumps 52%to `210.85 crore
State-owned HUDCO reported 52 per cent increase in net profit at Rs 210.85 crore for the quarter ended June. Its net profit stood at Rs 138.74 crore in the year-ago period, the company said in a regulatory filing.
The company's revenue increased to Rs 929.08 crore from Rs 891.11 crore in the corresponding period of the previous year. Housing and Urban Development Corporation (HUDCO), a Miniratna firm, provides loans for housing and urban infrastructure projects.

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