HUDCO Q2 Results | Net profit up 3% on 32% jump in NII; declares dividend

State-owned Housing and Urban Development Corporation Ltd (HUDCO) on Monday (November 10) 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.

HUDCO 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 eyes ₹1.5 lakh crore loan book, zero NPAs by FY26

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.

HUDCO maintained robust asset quality, with a gross non-performing assets (GNPA) ratio of 1.21% and net NPA (NNPA) of 0.07%, among the best in the industry. The company’s capital adequacy remained strong with a CRAR of 38.03%. The provision coverage ratio stood at 94.55%, indicating solid risk protection.

HUDCO has declared a second interim dividend for the financial year 2025-26. The company announced a payout of Re. 1 per equity share, which corresponds to 10% of the face value of ₹10 per share, subject to the deduction of TDS.

Also Read: HUDCO sanctions ₹92,710 crore loans, disbursements up 44% in Q2

The record date for determining the eligibility of shareholders to receive the second interim dividend has been fixed as Wednesday, November 19, 2025. HUDCO has stated that the process of payment of the interim dividend will be completed within 30 days from the date of its declaration.

Shares of Housing & Urban Development Corporation Ltd ended at ₹233.40, up by ₹2.95, or 1.28%, on the BSE.