HUDCO's Q2 profit falls marginally at Rs 202 cr

Housing and Urban Development Corporation Ltd (HUDCO) reported a marginal decline in its net profit at Rs 202.10 crore in the quarter ended September.

Its net profit stood at Rs 205.53 crore in the year-ago period, the company said in a filing to the BSE.

Total income, however, rose to Rs 965.75 crore in the second quarter of this fiscal from Rs 857.06 crore in the corresponding period of the previous year.

State-owned Housing and Urban Development Corporation (HUDCO) provides loans for housing and urban infrastructure projects.