HUDCO Q4 results: Net profit zooms 87% to Rs 440 crore



 HUDCO Q4 results: Net profit zooms 87% to Rs 440 crore

 New Delhi: State-owned HUDCO on Friday reported a 87 per cent rise in its consolidated net profit to Rs 440.91 crore for the quarter ended March.
Its net profit stood at Rs 236.29 crore in the year-ago period.

The company's total income rose to Rs 1,900.40 crore in the March 2020 quarter from Rs 1,493.35 crore a year ago, according to a regulatory filing. 
 Net profit rose to Rs 1,708.20 crore, from Rs 1,179.85 crore in the 2018-19.
Total income went up to Rs 7,571.84 crore in the financial year 2019-20 from Rs 5,591.22 crore
in the previous year. 

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