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Hudco to pay Rs 23-cr dividend

Our Bureau

NEW DELHI: Housing and Urban Development Corporation (Hudco) will pay a dividend of Rs 22.81 crore for the financial year 2001-02 as against Rs 20.87 crore paid during 2000-01. The company's annual general meeting on Wednesday approved the dividend payout.

During 2001-02, the company recorded a profit before tax of Rs 133.88 crore and profit after tax of Rs 114.06 crore as against Rs 106.93 crore during the previous year.

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