HUDCO Q2 revenue grows 27% to ₹3,219 crore and net profit rises to ₹710 crore

Housing and Urban Development Corporation (HUDCO) recorded a consolidated revenue of ₹3,219 crore in Q2, representing 27 % growth year-on-year, and a net profit of ₹710 crore, up 3 %. Growth was led by increased project financing in urban infrastructure and affordable housing segments. The company’s lending portfolio expanded, and asset quality remained stable with gross NPA below 1 %. Management reaffirmed its focus on growing sustainable urban development financing and leveraging government schemes for housing and infrastructure. The results underline HUDCO’s steady performance in the infrastructure finance space.