HUDCO Reports Outstanding Performance in H1 FY 2026-27

Housing and Urban Development Corporation Limited (HUDCO) has reported strong financial and operational growth in the first half of FY 2026-27. According to the results approved by its board, HUDCO's profit after tax (PAT) rose 31.50% year-on-year to ₹1,762.15 crore, compared with ₹1,340.06 crore in the corresponding period last year. Revenue from operations increased 26% to ₹7,757.59 crore from ₹6,156.34 crore.

Loan sanctions grew 12.50% to ₹1,04,592 crore, while disbursements increased 36.90% to ₹35,372 crore. The company's loan book expanded 29.17% to ₹1.86 lakh crore. HUDCO also reported a significant improvement in asset quality. Gross non-performing assets (NPAs) declined from 1.21% to 0.71%, while net NPAs fell from 0.07% to 0.04%, among the lowest in the industry.

Annualised earnings per share increased 31.54% to ₹17.60, while net worth rose 27.29% to ₹22,959.05 crore. CMD Sanjay Kulshrestha attributed the performance to strong business growth, prudent financial management and improved risk management. He said HUDCO would continue supporting India's urban infrastructure development.