Other States - Haryana   

Quantum jump in profit of HSIIDC

Special Correspondent

CHANDIGARH: The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has registered a huge quantum jump of 186 per cent in its net profit after tax and dividend during the 2006-07 financial year, its Chairman M.L. Tayal said here on Wednesday after presiding over a meeting of the board of directors.

Mr. Tayal said the HSIIDC had maintained a consistent record by earning a gross profit of Rs.40.89 crore this year against Rs.29.43 crore during the previous year. The gross income during the year had also exceeded the target and touched Rs.57.05 crore.

The HSIIDC has declared a dividend of Rs.5 crore to the State Government, he added.

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