Hudco reports 35 percent increase in net profit for first quarter

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State-owned housing and infrastructure financier Hudco reported a 35 per cent rise in net profit to ₹851 crore for the quarter ended June 2026, up from ₹630 crore a year earlier.
Total income grew to ₹3,737 crore from ₹2,945 crore, driven largely by interest income of ₹3,710 crore.
The company also declared a first interim dividend of ₹1.25 per share and raised ₹2,140 crore through listed non-convertible debt securities.
The results reflect continued strength in its lending business, with loan impairment provisions falling sharply to ₹621 crore from ₹1,702.89 crore a year ago.

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Named India · Housing and Urban Development Corporation Ltd

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