HUDCO profit rises 13% to Rs 630 crore in Jun quarter Alt="HUDCO"
News Updates

HUDCO profit rises 13% to Rs 630 crore in Jun quarter

HUDCO on Wednesday reported a 13 percent increase in its consolidated net profit to Rs 630.23 crore for the first quarter of this fiscal

PTI

New Delhi: State-owned Housing and Urban Development Corporation Ltd (HUDCO) on Wednesday reported a 13 per cent increase in its consolidated net profit to Rs 630.23 crore for the first quarter of this fiscal.

Its net profit stood at Rs 557.75 crore in the year-ago period.

PSU Watch is now on Whatsapp Channels. Click here to join

Total income rose to Rs 2,945.47 crore during the April-June period of this fiscal against Rs 2,197.19 crore in the corresponding period of the preceding year, according to a regulatory filing.

The company also declared its first interim dividend of Rs 1.15 per equity share for 2025-26.

HUDCO is a premier techno-financing public sector enterprise in the field of housing and infrastructure development.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

What is SHANTI Bill that sets stage for India’s nuclear push? And why does opposition smell risk?

Bokaro Steel Plant convenes Head of Projects meet to accelerate expansion

REC incorporates 2 new transmission subsidiaries for intra-state projects in Maharashtra

RBI slaps Rs 62 lakh fine on Kotak Mahindra Bank

ADB commits $4.26 billion in sovereign lending to India in 2025