Friday 17 October 2014

HUDCO Pays Rs 100 Cr Dividend to Govt

Housing and Urban Development Development Corporation (HUDCO) has paid a dividend of Rs.100.01 crore to India Government for the year 2013-14.

Minister of Housing & Urban Poverty Alleviation and Urban Development M.Venkaiah Naidu received two separate Cheques in this regard from HUDCO Chairman and Managing Director Ravi Kanth.


HUDCO posted Profit After Tax (PAT) of Rs 726.34 crore for 2013-14 as against Rs 700.56 crore during the previous fiscal. The Corporation sanctioned loans amounting to Rs 17,491 crore during 2013-14 as against the MoU target of  Rs 15,000 crore. 

No comments:

Post a Comment