Housing & Urban Development Corporation Ltd (HUDCO) on January 22 reported a 42 percent year-over-year rise in net profit to ₹735 crore in the October-December quarter (Q3) of FY25. Its net profit stood at ₹519.23 in the corresponding quarter of the previous financial year.
The Navratna company also recorded a strong rise in revenue at ₹2,760 crore in Q3. This marks a rise of nearly 37% from the ₹2,013 crore revenue reported in the year-ago period.
HUDCO also announced an interim dividend of ₹2.05 per equity share for the current financial year 2025. The company has set January 30 as the record date for determining the eligibility of the shareholders set to receive the dividend.