NEW DELHI, JANUARY 29, 2026: Housing and Urban Development Corporation Limited (HUDCO), a Navratna public sector enterprise, announced its unaudited financial results for the third quarter ended December 31, 2025. The company reported a standalone net profit of ₹713.00 crore for Q3 FY26, showing a slight decrease from ₹735.03 crore in the same quarter last year (Q3 FY25).
Financial Highlights (Standalone, Q3 FY26 vs Q3 FY25):
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Net Profit: ₹713.00 crore (vs. ₹735.03 crore in Q3 FY25)
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Total Income: ₹3,505.57 crore
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Profit Before Tax (PBT): ₹788.49 crore
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Earnings Per Share (EPS): ₹3.55
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Loan Assets: ₹1,55,514.53 crore as of December 31, 2025
Key Board Decisions:
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Third Interim Dividend: The Board declared a third interim dividend of 11.50% (₹1.15 per equity share of ₹10 face value) for FY 2025-26.
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Record Date: Saturday, February 7, 2026
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Payment will be completed within 30 days of declaration.
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Enhanced Borrowing Programme: The Board approved an increase in the annual borrowing plan for FY 2025-26 from ₹65,000 crore to ₹80,000 crore. This will facilitate funding for the company's growing loan book and project pipeline.
Asset Quality & Key Ratios (as of Dec 31, 2025):
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Gross NPA Ratio: Improved significantly to 1.08% (from 1.88% in Dec 2024).
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Net NPA Ratio: Improved to 0.06% (from 0.27% in Dec 2024).
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Provision Coverage Ratio: Strong at 94.70%.
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Capital Adequacy (CRAR): Robust at 38.28%.
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Net Worth: Increased to ₹18,744.90 crore.
Nine-Month Performance (Apr-Dec 2025):
For the nine-month period, the standalone net profit stood at ₹2,053.06 crore, compared to ₹1,981.40 crore in 9M FY25.
Also Read: REC Q3 Results: Net Profit Rises to ₹4,043 Crore, Declares 46% Interim Dividend
Other Operational Highlights:
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Recovery & Write-offs: The company fully closed 7 NPAs during the quarter and undertook a technical write-off of ₹3.25 crore for 9 chronic NPA accounts, in line with its board-approved policy.
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Andrews Ganj Project (AGP): HUDCO recognized interest income of ₹6.73 crore on the recoverable amount from MoHUA for this project. The cumulative deficit (recoverable) in the 'No Lien AGP Account' stands at ₹678.38 crore, for which discussions with the Ministry are ongoing.
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Fundraising: Successfully raised ₹1,905 crore through listed Non-Convertible Debentures (NCDs) during the quarter and also launched its maiden 54EC Capital Gains Bonds issue.
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No Defaults: The company confirmed no defaults on any debt securities or borrowings.
The results were approved by the Board at a meeting that commenced at 12:30 PM and concluded at 4:20 PM IST.