HUDCO board to consider raising FY26 borrowing plan to ₹80,000 crore on January 29

State-owned Housing and Urban Development Corporation Ltd (HUDCO) on Thursday (January 22) said its board of directors will meet on January 29, 2026, to consider a proposal to enhance the company’s annual borrowing plan for FY26 to ₹80,000 crore from ₹65,000 crore, subject to outstanding borrowings remaining within the overall limit approved by shareholders.

At the same meeting, the board will consider and approve the unaudited standalone and consolidated financial results for the quarter and nine-month period ended December 31, 2025.

Also Read: HUDCO’s Q3 loan sanctions at ₹46,167 cr, disbursements at ₹41,346.70 cr

The board will also consider the declaration of a third interim dividend for the financial year 2025–26 and the fixation of the record date for determining shareholder eligibility. HUDCO said the record date for the payment of the third interim dividend has been fixed as Saturday, February 7, 2026, subject to board approval.

Second Quarter Results

HUDCO reported a 3% year-on-year increase in net profit at ₹709.8 crore for the quarter ended September 2025, compared with ₹688.6 crore in the same period last year. Net interest income (NII) jumped 31.8% year-on-year to ₹1,050 crore from ₹797 crore in Q2 FY25.

The company reported a net profit of ₹1,340.06 crore for the half-year ended September 2025, up 7.51% from ₹1,246.37 crore in the same period last year. Sanctions during the period rose 21.59% to ₹92,985 crore from ₹76,472 crore. The company achieved its highest-ever half-yearly disbursement of ₹25,838 crore.

Also Read: HUDCO raises FY26 loan book target, focuses on urban infra push

The loan book reached a record ₹1,44,554 crore, up 30% year-on-year, reflecting strong growth in lending operations. Operational income also grew 30.81% to ₹6,156.34 crore from ₹4,706.07 crore in the previous year.

Shares of Housing & Urban Development Corporation Ltd ended at ₹207.30, up by ₹4.20, or 2.07%, on the BSE.