HUDCO Reports 172% Jump in Q4 Net Profit, Declares ₹1.5 Dividend
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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
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