HUDCO Q2 Profit Surges 52% to Rs 689 cr

Oct 29, 2024 16:30

HUDCO's consolidated net profit for Q2 FY24 jumped 52% to Rs 689 cr, driven by increased income. Read more about the company's performance.

New Delhi, Oct 29 (PTI) Housing and Urban Development Corporation Ltd (HUDCO) on Tuesday reported a 52 per cent 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.

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.

Source: PTI

MORE NEWS

Gold Price Soars on Dhanteras: Hits Rs 81,400

Gold prices surged to Rs 81,400 per 10 grams on Dhanteras due to strong demand. Silver...

ASK Automotive Q2 Net Profit Up 63% to Rs 67 Crore

ASK Automotive, India's largest brake shoe manufacturer, reported a 63% rise in net...

SBI Card Q2 Profit Down 33% to Rs 404 Cr

SBI Card's net profit fell 33% to Rs 404 crore in Q2 FY24 due to rising delinquency....

Virgin Atlantic Doubles London-Mumbai Flights

Virgin Atlantic launches its second daily flight from London Heathrow to Mumbai,...

Anant Raj Q2 Profit Surges 76% to Rs 105.58 Cr,...

Anant Raj Ltd.'s Q2 profit jumped 76% to Rs 105.58 crore. The company plans to raise up...

GlaxoSmithKline Q2 Profit Rises 16% to Rs 252 cr

GlaxoSmithKline Pharmaceuticals reports a 16% jump in Q2 net profit to Rs 252 crore,...

Karnataka CM Warns Officials on Tax Collection...

Karnataka Chief Minister Siddaramaiah has warned officials of accountability if they...

Domestic Base Metal Cos to Thrive in FY'25: ICRA

Robust prices and resilient domestic demand are set to drive the performance of...

Transformers and Rectifiers (India) Wins Rs 270...

Transformers and Rectifiers (India) secures orders worth Rs 270 crore from Adani...

HUDCO Q2 Profit Surges 52% to Rs 689 cr

HUDCO's consolidated net profit for Q2 FY24 jumped 52% to Rs 689 cr, driven by...

HUDCO Q2 Profit Surges 52% to Rs 689 cr

You May Like To Read

MORE NEWS