New Delhi, Nov. 4 -- Housing and Urban Development Corporation Limited (HUDCO) has reported a 31.50 per cent year-on-year increase in profit after tax (PAT) to Rs 1,762.15 crore for the first half of 2026-27, compared to Rs 1,340.06 crore in the corresponding period last fiscal. The Navratna public sector enterprise's revenue from operations rose around 26 per cent to Rs 7,757.59 crore during April-September 2026, against Rs 6,156.34 crore a year ago.
According to the financial results approved by the company's board on Wednesday, loan sanctions increased 12.50 per cent to Rs 1,04,592 crore, while disbursements surged 36.90 per cent to Rs 35,372 crore during the first half of FY27. HUDCO's loan book expanded 29.17 per cent year-on-year to Rs 1.86 lakh crore. Asset quality also improved, with gross non-performing assets (NPAs) declining to 0.71 per cent from 1.21 per cent and net NPAs falling to 0.04 per cent from 0.07 per cent. The company's net worth grew 27.29 per cent to Rs 22,959.05 crore, while annualised earnings per share increased 31.54 per cent to Rs 17.60.
HUDCO Chairman and Managing Director Sanjay Kulshrestha attributed the performance to strong business growth, prudent financial management and improved risk mitigation.
Published by HT Digital Content Services with permission from Millennium Post.