Housing & Urban Development Corporation Ltd (HUDCO) Board of Directors has declared and approved an interim dividend of ₹1.05 per equity share (10.50%) for FY 2024-25.
On March 12, 2025, HUDCO share price opened at ₹182.50 and closed at ₹181.59, up by 0.15%. The stock price touched its day’s high at ₹185.49.
The company’s Board of Directors, in their meeting on Monday, March 10, 2025, approved the declaration of a second interim dividend of ₹1.05 per equity share (10.50% on a face value of ₹10 each), subject to TDS deduction, for the financial year 2024-25.
The record date for determining shareholder eligibility for the interim dividend has been set as Friday, March 14, 2025. The company stated that the payment process will be completed within 30 days of the declaration.
For Q3 FY25, the company’s total income stood at ₹2,770.14 crore, marking an increase from ₹2,022.94 crore in Q3 FY24. For the nine-month period (9M FY25), the total income reached ₹7,493.47 crore, up from ₹5,754.06 crore in 9M FY24. The net profit after tax for Q3 FY25 was at ₹735.03 crore, compared to ₹519.19 crore in Q3 FY24. For 9M FY25, the net profit stood at ₹1,981.40 crore, up from ₹1,416.58 crore in 9M FY24.
Housing & Urban Development Corporation Ltd is primarily involved in the business of financing housing and urban development activities in India.
Previously, the company had declared a dividend payout of ₹2.05 per share, with a record date of January 30, 2025. The latest interim dividend follows this, continuing the company’s commitment to rewarding its shareholders.
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Published on: Mar 13, 2025, 8:43 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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