PRESS RELEASE

Date: 28th February, 2013

THE PROFITABILITY OF NHFDC INCREASED DURING 2010-11 & 2011-12 DUE

TO BETTER MANAGEMENT OF FUNDS AND INCREASE IN LOAN INCOME

CONSEQUENT TO INCREASE IN DISBURSEMENT OF LOAN

- Public Enterprise Survey -2011-12

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The Public enterprise Survey in its Annual Report (2011-12) on the performance

on the Central Public Sector Enterprises says that net profit of the company

(NHFDC) increased to Rs. 3.72 crores in 2011-12, an increase of Rs. 2.17 crore

over the previous year profit of Rs. 1.55 crore. The profitability (excess of

income over expenditure) increased due to better management of funds and

increase in loan income due to increase in disbursement.

The document contains the data on National Handicapped Finance &

Development Corporation (NHFDC) for the two years i.e., 2011-12 & 2010-11.

The Public Enterprise Survey is laid in Parliament every year.

The Public Enterprise Survey 2011-12 grouped NHFDC with CPSEs providing

financial services. The PE Survey contain enterprise wise data/report consisting

of summarized balance sheet, summarized income over expenditure statement,

important management ratios and analysis of performance of individual

enterprise. The full report on NHFDC is at annexure.

Contd…..P/2