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VERIFIEDMint Markets·positive

HUDCO Q4 Results: Cons PAT jumps 172% to ₹1,981 crore, NII up 16.5%; ₹1.5 dividend announced

AI Summary
  • ·HUDCO's consolidated net profit for the March quarter surged by 172% to ₹1,981 crore.
  • ·This substantial profit increase was primarily driven by a deferred tax credit of ₹1,530.32 crore.
  • ·The company announced a dividend of ₹1.5 per share.
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