HUDCO reported a 31.50% year-on-year increase in Profit After Tax (PAT) to Rs 1,762.15 crore in H1 FY 2026-27. Revenue from operations rose approximately 26% to Rs 7,757.59 crore, while its loan book expanded 29% to Rs 1.86 lakh crore. Net NPAs improved to 0.04%, reflecting strong asset quality.
HUDCO Reports 31.50% Growth in H1 FY27 Profit
Housing and Urban Development Corporation Limited (HUDCO), a Navratna Central Public Sector Enterprise (CPSE) and an NBFC-IFC under the Ministry of Housing and Urban Affairs, has reported strong financial and operational performance for the first half of FY 2026-27. The company’s Board of Directors approved the financial results for the half year ended September 30, 2026, at its meeting held on November 4, 2026. HUDCO continued its growth momentum with higher profitability, increased lending activity and improved asset quality.
HUDCO’s Profit After Tax (PAT) surged 31.50% year-on-year to Rs 1,762.15 crore, compared with Rs 1,340.06 crore in H1 FY 2025-26. Revenue from operations increased approximately 26% to Rs 7,757.59 crore. The company’s loan sanctions rose 12.50% to Rs 1,04,592 crore, while loan disbursements recorded a 36.90% increase to Rs 35,372 crore. Reflecting this business expansion, HUDCO’s loan book grew approximately 29% to Rs 1.86 lakh crore from Rs 1.44 lakh crore in the corresponding period last year.
HUDCO Strengthens Asset Quality and Financial Position
The corporation also reported an improvement in asset quality. Gross Non-Performing Assets (NPAs) declined to 0.71% from 1.21%, while Net NPAs improved to 0.04% against 0.07% in the previous corresponding period. Annualised Earnings Per Share (EPS) increased 31.54% to Rs 17.60 from Rs 13.38.
HUDCO’s total net worth also expanded 27.29% year-on-year to Rs 22,959.05 crore from Rs 18,037.03 crore, reflecting stronger financial fundamentals.
Focus on Urban Infrastructure Financing
Commenting on the results, Shri Sanjay Kulshrestha, Chairman and Managing Director of HUDCO, said the corporation had delivered robust financial and operational performance, supported by growth in loan sanctions and disbursements, sustained profitability and expansion of its loan portfolio.
He highlighted that prudent financial management and focused risk mitigation had strengthened the balance sheet and improved asset quality. He reaffirmed HUDCO’s commitment to financing India’s urban infrastructure development and supporting the vision of Viksit Bharat. With strong business momentum and healthy financial fundamentals, the corporation aims to sustain its growth trajectory in the second half of FY 2026-27.
HUDCO’s H1 FY27 performance reflects strong profitability, expanding lending operations and improved asset quality. With net NPAs at 0.04% and a growing loan portfolio, the Navratna CPSE remains focused on supporting India’s housing and urban infrastructure development.
