The company’s net interest income (NII), or the difference between interest earned and interest paid, rose 21.1% to ₹1,149 crore during the quarter from ₹948 crore a year earlier.
The company earned an interest income of ₹3,710 crore during the quarter under review as against ₹2,925 crore in the April-June quarter of the previous financial year. During the reporting quarter, the expenses also rose to ₹2,561 crore against ₹1,976 crore in the same period a year ago.
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The company has made provisions on loans (impairment) based on the expected credit loss (ECL) method amounting to ₹621 crore as on June 30, 2026 (compared to ₹1702.89 crore as on June 30, 2025), it said.
During the period, the company has raised funds amounting to Rs 2,140 crore through the issuance of listed non-convertible debt securities on a private placement basis.
Along with its quarterly results, HUDCO’s board declared the first interim dividend of ₹1.25 per equity share, or 12.5% on the face value of ₹10 per equity share, for the financial year 2026-27. The dividend will be subject to deduction of tax deducted at source (TDS), as applicable.
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The company has fixed Friday, July 31, 2026, as the record date for determining the eligibility of shareholders to receive the interim dividend. HUDCO said the process of paying the interim dividend will be completed within 30 days from the date of its declaration.
HUDCO is a premier techno-financing public sector enterprise in the field of housing and infrastructure development.
Shares of Housing and Urban Development Corporation Limited ended at ₹202.15, up by ₹6.40, or 3.27%, on the BSE.
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