Public Sector Unit News

Hudco Q2 profit rises 3% to ₹710 crore

The HUDCO Board of Directors approved the financial results for the first half of FY26 on 10/11/2025, showcasing strong performance relative to H1FY25.

Key highlights include: Loan sanctions increased by 21.59% to Rs. 92,985 Crore; loan disbursements reached a record Rs. 25,838 Crore; profit before tax rose by 7.55% to Rs. 1,811.94 Crore, and profit after tax increased by 7.52% to Rs. 1,340.06 Crore.

Revenue from operations grew 30.82% to Rs. 6,156.34 Crore, with the loan book expanding by 30.15% to Rs. 1.44 Lakh Crore. Both gross NPAs and net NPAs improved significantly, with the latter at 0.07%. Earnings per share rose 7.38% to Rs. 13.38. CMD Shri Sanjay Kulshreshta expressed optimism for a CAGR of over 25% driven by governmental infrastructure initiatives and stakeholder support.

Source – sarkaritel.com

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