HUDCO Achieves ‘Excellent’ Rating in MoU Performance for FY 2024-25

HUDCO has been awarded an ‘Excellent’ rating for its performance under the Memorandum of Understanding (MoU) with the Ministry of Housing and Urban Affairs (MoHUA) for the financial year 2024-25. The company secured 97.90 marks out of 100, highlighting operational and financial effectiveness. The rating was awarded by the Department of Public Enterprises (DPE), Ministry of Finance.

‘Excellent’ MoU Rating

Housing and Urban Development Corporation (HUDCO) has announced that it has achieved an ‘Excellent’ rating for its performance in accordance with the Memorandum of Understanding (MoU) set with the Ministry of Housing and Urban Affairs (MoHUA). This rating is specifically for the financial year 2024-25.

Performance Metrics

HUDCO secured 97.90 marks out of a possible 100, showcasing the corporation’s strong performance under the guidelines and objectives set in the MoU. The rating was awarded by the Department of Public Enterprises (DPE), reflecting the corporation’s success in meeting operational and financial performance benchmarks.

Source: BSE

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