Its net profit stood at Rs 182.18 crore in the year-ago period, the company said in a BSE filing.
Total revenue, however, rose to Rs 1,091.88 crore in the third quarter of this fiscal from Rs 929.82 crore in the corresponding period of the previous year.
The company has provided provision for NPA (non- performing assets) of Rs 2,576.83 crore (including standard assets) as on December, 31, 2017 as per accounting policy of the company, as against the provision of Rs 2,351.83 crore required as per updated NHB master directions 2010.
Housing and Urban Development Corporation (HUDCO) provides loans for housing and urban infrastructure projects.
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