{"id":57515,"date":"2019-05-27T16:57:55","date_gmt":"2019-05-27T11:27:55","guid":{"rendered":"https:\/\/dwarkaparichay.com\/blog\/?p=57515"},"modified":"2019-05-27T22:02:10","modified_gmt":"2019-05-27T16:32:10","slug":"hudco-posts-robust-financial-results-in-2018-19","status":"publish","type":"post","link":"https:\/\/dwarkaparichay.com\/blog\/hudco-posts-robust-financial-results-in-2018-19\/","title":{"rendered":"HUDCO Posts Robust Financial Results in 2018-19"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" data-layzr=\"https:\/\/dwarkaparichay.com\/blog\/wp-content\/uploads\/2019\/05\/Dr.-M.-Ravi-Kanth-CMD-HUDCO.jpg\" alt=\"\" class=\"wp-image-57516\"\/><\/figure>\n\n\n\n<p>Dr. M. Ravi Kanth, CMD HUDCO, shared the highlights of HUDCO\u2019s robust performance in 2018-19, wherein the company has witnessed a 17% rise in Net Profit that has touched an all-time high of Rs.1180 crore in 2018-19, from Rs.1010 crore in 2017-18. HUDCO has seen a 10% growth in its net worth that has reached Rs.10956 crore in 2018-19, from Rs. 9943 crore in 2017-18. The net total income also witnessed a jump of 33% to Rs. 5548 crore in 2018-19, from Rs. 4,171 crore in 2017-18. <\/p>\n\n\n\n<p>HUDCO has\ndisbursed Rs. 31,009 crore, which is a growth of 87% in 2018-19, from Rs.16,565\ncrore in 2017-18. The balance sheet size of HUDCO has seen a quantum jump of 49%\nto Rs.72829 crore in 2018-19, from Rs. 48915 crore in 2017-18. HUDCO\u2019s Net NPA is\n0.50%, which is among the lowest in the sector.<\/p>\n\n\n\n<p>During\nthe year 2018-19, a total of 20.68 lakh dwelling units were sanctioned,\nincluding EWS and LIG category, as against 8.88 lakh units in 2017-18. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dr. M. Ravi Kanth, CMD HUDCO, shared the highlights of HUDCO\u2019s robust performance in 2018-19, wherein the company has witnessed a 17% rise in Net Profit that has touched an all-time high of Rs.1180 crore in 2018-19, from Rs.1010 crore in 2017-18. HUDCO has seen a 10% growth in its net worth that has reached Rs.10956 crore in 2018-19, from Rs. 9943 crore in 2017-18. The net total income also witnessed a jump of 33% to Rs. 5548 crore in 2018-19, from Rs. 4,171 crore in 2017-18. HUDCO has disbursed Rs. 31,009 crore, which is a growth of 87% in <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,23,1875,1],"tags":[],"class_list":["post-57515","post","type-post","status-publish","format-standard","hentry","category-business-news","category-business-promotion","category-events","category-update"],"_links":{"self":[{"href":"https:\/\/dwarkaparichay.com\/blog\/wp-json\/wp\/v2\/posts\/57515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dwarkaparichay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dwarkaparichay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dwarkaparichay.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dwarkaparichay.com\/blog\/wp-json\/wp\/v2\/comments?post=57515"}],"version-history":[{"count":1,"href":"https:\/\/dwarkaparichay.com\/blog\/wp-json\/wp\/v2\/posts\/57515\/revisions"}],"predecessor-version":[{"id":57517,"href":"https:\/\/dwarkaparichay.com\/blog\/wp-json\/wp\/v2\/posts\/57515\/revisions\/57517"}],"wp:attachment":[{"href":"https:\/\/dwarkaparichay.com\/blog\/wp-json\/wp\/v2\/media?parent=57515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dwarkaparichay.com\/blog\/wp-json\/wp\/v2\/categories?post=57515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dwarkaparichay.com\/blog\/wp-json\/wp\/v2\/tags?post=57515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}