HUDCO declared a Re 1 interim dividend and reported a strong September quarter with Rs 32.19 billion revenue and Rs 710 crore net profit, driven by robust operations and effective asset management, presenting a favorable outlook for investors.
Housing & Urban Development Corporation (HUDCO) has announced an interim dividend of Re 1 per equity share for the financial year, reinforcing its investor-friendly approach. For the September quarter ending September 30, 2025, HUDCO reported a consolidated total revenue from operations of Rs 3,219 crore (Rs 32.19 billion), marking a robust growth of approximately 28% year-over-year.
Key highlights include:
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A net profit increase of 7.5% year-over-year, reaching Rs 710 crore.
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Revenue from operations up 27.9%, compared to the prior year.
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Interest income rose by 30%, bolstering overall financial performance.
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Closure of six Non-Performing Assets (NPAs) and technical write-offs of seven chronic NPAs, reflecting strong credit risk management.
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Total assets stood at Rs 1.49 lakh crore, with loans at Rs 1.44 lakh crore and net worth at Rs 18,037 crore.
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The record date for the dividend is November 19, 2025.
HUDCO’s solid quarterly results underscore its strong presence in housing and urban infrastructure financing, making it an attractive choice for investors looking for steady income and growth potential in India’s urban development sector.
Sources: Reuters, HUDCO Board Meeting Reports, Moneycontrol, Scanx.trade