HUDCO Reports 172% Jump in Q4 Net Profit, Declares ₹1.5 Dividend
- By Kotak News Desk
- 15 May 2026 at 3:34 PM IST
- Market News
- 4m
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Housing and Urban Development Corporation reported a massive jump of 172% year-on-year in net profit. The company's net profit increased to ₹1,981 crore in Jan to Mar quarter. The growth in the net profit was aided by strong interest income growth and a deferred tax gain. The company also recommended a final dividend of ₹1.5 per equity share for shareholders.
In the latest turn of events, state-owned Housing and Urban Development Corporation reported a sharp rise in earnings for the fourth quarter of FY26. The consolidated net profit of the company surged 172% year-on-year to ₹1,981 crore from ₹728 crore earlier. For the full financial year FY26, consolidated net profit stood at ₹4,034 crore, a 49% increase from ₹2,709 crore in FY25.
As per the reports, the growth was supported by higher interest income and a sizeable deferred tax benefit, while the company also announced a final dividend for shareholders.
Following the earnings announcement, however, HUDCO shares came under pressure in Friday’s trade. The stock declined by more than 8% despite the strong rise in quarterly profit, as investors appeared cautious over margin pressures and the quality of earnings growth.
On 15 May at 1:50 PM, HUDCO shares were trading at ₹207.15, down 7.25%.
Key Financial Highlights: Standalone Statements
Interest Income | 3,555.39 | 2,820.88 | 26.00% |
Total Revenue from Operations | 3,562.86 | 2,844.99 | 25.20% |
Other Income | 62.21 | 9.92 | 527.10% |
Total Income | 3,625.07 | 2,854.91 | 27.00% |
Finance Costs | 2,413.29 | 1,859.25 | 29.80% |
Net Loss on Fair Value Changes | 466.4 | 0 | — |
Employee Benefit Expenses | 59.8 | 64.19 | -6.80% |
Total Expenses | 3,004.06 | 1,834.65 | 63.70% |
Profit Before Tax (PBT) | 621.01 | 1,020.26 | -39.10% |
Current Tax Expense | 170.02 | 190.23 | -10.60% |
Deferred Tax Expense/(Credit) | -1,530.32 | 102.29 | NM |
Total Tax Expense | -1,360.30 | 292.52 | NM |
Total Comprehensive Income | 2,007.31 | 627.38 | 220.00% |
EPS (Basic) | 9.90 | 3.64 | 172.00% |
Also Read - Data Patterns (India) Limited Q4FY26 Revenue Declines to ₹345 Crore; Stock Slides Over 11% Intraday
Dividend Highlight
Housing and Urban Development Corporation recommended a final dividend of ₹1.5 per equity share for FY26, subject to shareholder approval at the upcoming AGM. During the year, the company had already paid four interim dividends totalling ₹4.55 per share.
Source:
Q4 Results
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
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