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
HUDCO profit rises 13% to Rs 630 crore in Jun quarter
HUDCO profit rises 13% to Rs 630 crore in Jun quarterAlt="HUDCO"
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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.

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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.

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