HUDCO reports strong H1 FY26 performance, declares interim dividend

Housing & Urban Development Corporation (HUDCO) announced impressive financial results for the quarter and half-year ended September 30, 2025. Net profit rose to ₹1,340.06 crore for H1 FY26, a 7.51% increase year-over-year. Loan sanctions grew by 21.59% to ₹92,985 crore, and disbursements reached a record ₹25,838 crore, reflecting a robust growth trajectory. The company maintained strong asset quality with a gross non-performing asset (GNPA) of 1.21% and a net non-performing asset (NNPA) of 0.07%, coupled with a high provision coverage ratio of 94.55%.

In a strategic move to optimize funding, HUDCO raised ₹32,340.70 crore in H1 FY26, focusing on a judicious mix of domestic and international borrowings, including 54EC Capital Gain Bonds. The company also declared a second interim dividend of Re. 1 per equity share (10% on face value of ₹10 each) for FY26, with November 19, 2025, as the record date.

HUDCO continues its pivotal role in national development through initiatives like the Urban Invest Window, Urban Challenge Fund, and Credit Enhancement Initiative: AMRUT 2.0. The company also launched a private sector project finance division to bridge funding gaps in real estate, roads, seaports, airports, and energy sectors, aligning with the vision of a "$10 Trillion Economy @ 2030" and "Viksit Bharat @ 2047".