Loan disbursements stood at ₹25,838.45 crore (provisional, subject to audit) for the same half-year period. Within this, Q2 FY 2025-26 disbursements were ₹13,026.19 crore (provisional, subject to audit), representing a 43.55% growth compared with disbursements of ₹9,074.26 crore in Q2 FY 2024-25.
Also Read: HUDCO signs MoU with NBCC for construction projects across India
First Quarter ResultsNet Interest Income (NII) or core income for the quarter increased by 32% from the same quarter last year to ₹961 crore from ₹724.7 crore. Net profit for the period also increased 13% from the year-ago quarter to ₹630.2 crore from ₹558 crore during the same quarter last year.
HUDCO’s asset quality saw improvement on a sequential basis. Gross NPA at the end of the June quarter stood at 1.34% from 1.67% in March, while Net NPA improved to 0.09% from 0.25% in March. The improvement in asset quality was courtesy of a long-pending NPA account worth ₹277.68 crore, which was resolved, while four NPA accounts worth ₹7.27 crore were technically written off.
Shares of Housing & Urban Development Corporation Ltd ended at ₹223.70, up by ₹3.25, or 1.47%, on the BSE.
Also Read: HUDCO shares have nearly halved from their peak; MFs increased stake but retail cautious
