HUDCO Q2 results, shares surges over 7%, Net Profit increases 52% Rs 688.62 crore

The company’s total revenue from operations for the quarter stood at Rs 2,517.72 crore, marking a notable increase from Rs 1,864.80 crore in Q2 FY24. This represents a YoY growth of 35%.

HUDCO Q2 results, shares surges over 7%, Net Profit increases 52% Rs 688.62 crore
HUDCO Q2 results, shares surges over 7%, Net Profit increases 52% Rs 688.62 crore

HUDCO shares boosted over 6.9% as it reported impressive year-on-year growth in its Q2 FY25 financial results, showing a substantial rise in both revenue and net profit.

The company’s total revenue from operations for the quarter stood at Rs 2,517.72 crore, marking a notable increase from Rs 1,864.80 crore in Q2 FY24. This represents a YoY growth of 35%.

Based on profitability, HUDCO’s net profit for the period reached Rs 688.62 crore, up from Rs 451.65 crore in the corresponding quarter of the previous year, reflecting a YoY increase of 52%. This growth underscores HUDCO’s enhanced operational performance and bolstered its existence in the sector.

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