HUDCO , a leading public sector enterprise in housing and urban infrastructure financing, has reported a strong financial performance for the first quarter.

Robust Financial Growth

HUDCO's net profit for Q1 rose to 630.00 crore rupees, marking a 12.5% increase from 560.00 crore rupees in the same period last year. This growth in profitability demonstrates the company's resilience and effective financial management in the current economic landscape.

The company's revenue witnessed an impressive surge, climbing to 2,940.00 crore rupees from 2,190.00 crore rupees year-over-year, representing a substantial 34.2% growth. This significant increase in revenue underscores HUDCO's expanding operations and market presence in the housing and urban development sector.

Key Financial Metrics

Operational Highlights

HUDCO's loan sanctions for Q1 stood at an impressive 34,224.00 crore rupees, showcasing a remarkable 143% increase compared to the same quarter in the previous year. This substantial growth in loan sanctions indicates a strong demand for HUDCO's financing services and its pivotal role in supporting housing and urban infrastructure projects across India.

The company's loan disbursements reached 12,812.00 crore rupees, marking the highest ever quarterly disbursement. This achievement reflects HUDCO's commitment to facilitating timely project implementations and its efficient fund deployment strategies.

Asset Quality and Financial Position

HUDCO maintained a robust asset quality with a Gross Non-Performing Asset (GNPA) ratio of 1.34% and a Net Non-Performing Asset (NNPA) ratio of 0.09%, demonstrating effective risk management practices. The provision coverage ratio stood at a healthy 93.49%, providing a strong buffer against potential credit risks.

The company's net worth increased to 17,655.92 crore rupees, indicating a solid financial foundation. HUDCO's Capital to Risk-weighted Assets Ratio (CRAR) was reported at 41.72%, well above the regulatory requirements, showcasing its strong capital adequacy.

Dividend Announcement

In a move that will please shareholders, HUDCO's Board of Directors has declared an interim dividend of 1.15 rupees per equity share (11.50% on the face value of 10 rupees each) for the financial year.

Sanjay Kulshrestha, Chairman & Managing Director of HUDCO, commented on the results, stating, "Our strong Q1 performance reflects HUDCO's pivotal role in India's urban development landscape. The significant growth in loan sanctions and disbursements underscores the trust placed in us by our stakeholders and our commitment to fostering sustainable urban growth."

As HUDCO continues to play a crucial role in financing housing and urban infrastructure projects, its robust Q1 performance sets a positive tone for the fiscal year ahead, positioning the company for sustained growth and impact in India's urban development sector.

Housing and Urban Development Corporation Limited (HUDCO) has announced a significant upcoming event for investors. The company has scheduled a Board of Directors meeting for August 6, 2025, with two key agenda items on the table.

Financial Results Review

The primary focus of the meeting will be to consider and approve the unaudited financial results for the first quarter of the fiscal year 2025-26, ending June 30, 2025. This review will cover both standalone and consolidated financial statements, providing investors with a comprehensive view of HUDCO's performance in the opening quarter of the financial year.

Potential Interim Dividend

In addition to the financial review, the board will discuss the possibility of declaring a first interim dividend for the financial year 2025-26. This move signals the company's consideration of rewarding its shareholders early in the fiscal year, subject to the board's approval.

Key Dates for Investors

Investors should mark their calendars for the following important dates:

The record date is crucial for determining shareholder eligibility for the potential interim dividend. Investors holding HUDCO shares at the close of business on August 14, 2025, would be entitled to receive the dividend if declared.

Trading Window Closure

In compliance with SEBI regulations and HUDCO's Insider Trading Code, the company has implemented a trading window closure:

During this period, designated persons are prohibited from trading in the company's securities. This measure is designed to prevent insider trading and ensure fair market practices.

The announcement of these dates and the potential for an interim dividend reflects HUDCO's commitment to transparency and shareholder communication. Investors and market watchers will be keenly awaiting the outcome of the August 6 board meeting for insights into HUDCO's financial health and dividend policy for the current fiscal year.