HUDCO Shares in Focus: Recorded Growth in Revenue and PAT During Q3FY25

On January 22, 2025, Housing and Urban Development Corporation (HUDCO) released its results for the quarter ended December 31, 2025, wherein it reported a net profit of ₹735 crore for Q3 FY25, reflecting a 41.6% YoY increase. It also posted a 37.14% YoY growth in revenue from operations, amounting to ₹2,760.23 crore.

HUDCO 9M FY25 Performance

For 9M FY25, HUDCO’s net profit surged by 39.87% YoY to ₹1,981.40 crore, while revenue grew by 30.55% YoY to ₹7,466.13 crore. The company credited this performance to strong growth in its loan book and a reduction in non-performing assets (NPAs).

During 9M FY25, HUDCO’s loan book expanded by approximately 41% YoY, reaching ₹1,18,931 crore, with nearly 40.17% of the exposure directed towards affordable housing. The company expects further growth in its affordable housing portfolio under the Pradhan Mantri Awas Yojana 2.0 (PMAY 2.0).

HUDCO will provide counterpart funding for states’ contributions to both PMAY-Rural 2.0 and PMAY-Urban 2.0, and has been appointed as one of the central nodal agencies for implementing the Interest Subsidy Scheme (ISS) component.

HUDCO Declares Interim Dividend

HUDCO declared an interim dividend of ₹2.05 for the quarter ending December 31, 2024. The record date for the dividend is set for January 30, 2025.

HUDCO Signs MoU with Vadhvan Port Project

On January 21, 2025, HUDCO signed a Memorandum of Understanding (MoU) with Vadhvan Port Project Limited (VPPL), a joint venture between the Jawaharlal Nehru Port Authority (JNPA) and the Maharashtra Maritime Board (MMB). Through this MoU, HUDCO will explore and provide funding of up to ₹25,000 crore for the development of new ports and Public-Private Partnership (PPP) projects under VPPL.

On January 23, 2025, HUDCO share price opened at ₹229.20 and touched the day high of ₹230.60 at 09:25 AM.

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