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Hudco net profit declines 37% to Rs 457 crore in September quarter

Housing and Urban Development Corporation Ltd (HUDCO) on Thursday reported a 37 per cent fall in its consolidated net profit at Rs 457.25 crore for the quarter ended September.

Q1 earnings preview: Combined net profit of Nifty50 firms may decline 2.5%

Press Trust of India New Delhi

Housing and Urban Development Corporation Ltd (HUDCO) on Thursday reported a 37 per cent fall in its consolidated net profit at Rs 457.25 crore for the quarter ended September.

Its net profit stood at Rs 725.78 crore in the year-ago period.

Total income stood at Rs 1,865.50 crore in the second quarter of the fiscal as against Rs 2,053.79 crore in the corresponding period of the previous year, according to a regulatory filing.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Topics : HUDCO

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First Published: Nov 12 2020 | 9:35 PM IST

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