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Indian Administration

HUDCO’s robust performance of 2018-19

HUDCO’s robust performance of 2018-19

New Delhi, HUDCO’s robust performance of 2018-19 were highlighted by Dr. M.Ravi Kanth in his Chairman Address at 49th AGM of HUDCO held in the Indian Habitat Centre, New Delhi. The Stein Auditorium was full with shareholders holders of the company.

The company has 17% rise of their net profit that touched all-time high. HUDCO has disbursed Rs.31,009 cr., which is a remarkable growth of 87% in 2018-19 over Rs.16.565 cr releases of 2017-18. All the financial parameters took a big jump for taking HUDCO to Navratna status now.

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