Filter announcements
Loading...
Housing & Urban Development Corporation Ltd is primarily engaged in the business of financing housing and urban development activities in the country.
HUDCO sanctioned ₹1,64,757 Cr and disbursed ₹51,194.21 Cr in housing & infrastructure finance. Interest income grew 28% to ₹13,096 Cr, with Net NPA significantly improved and ₹402.96 Cr recovered. The company received a ₹3.698 Cr fine for corporate governance issues, with ₹2.92 Cr outstanding. Focus remains on green projects.
HUDCO delivered robust Q1FY27: Net Profit up 35%, loan book at ₹173,123 Cr. Asset quality is excellent with GNPA at 0.96%. New PPP Project Finance Division launched, securing over ₹450,000 Cr in infrastructure MoUs, indicating strong future growth.
HUDCO reports strong Q1 financial results: PAT up 35% to Rs 851.11 Cr, EPS Rs 4.25. Board declared Rs 1.25 interim dividend. Asset quality improved with 4 NPAs resolved, no fresh slippages. The company acquired Rs 2,059.18 Cr in new loan exposure and raised Rs 2,140 Cr via NCDs.
HUDCO signed an MoU with the Gujarat Government to provide up to Rs. 1,00,000 Cr financial assistance for infrastructure projects over the next two years, aiming for economic development. HUDCO will offer flexible terms for financing.
HUDCO reports stellar FY26 results: Net Profit ₹4,034 Cr (+48.9%), highest-ever loan sanctions ₹1.65 lakh Cr & disbursements ₹51,194 Cr. GNPA 1.04%, NNPA 0.05%. Launched UiWIN, broadened private sector funding, and secured multi-crore MoUs for infra growth.