Housing & Urban Development Corporation's Q2 FY 2025-26 Quarterly Results

Result Summary

• Housing & Urban Development Corporation Ltd reported a 10.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 28.7%.
• Its expenses for the quarter were up by 5.6% QoQ and 31.5% YoY.
• The net profit increased 12.6% QoQ and increased 3.1% YoY.
• The earnings per share (EPS) of Housing & Urban Development Corporation Ltd stood at 3.55 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Housing & Urban Development Corporation Ltd (HUDCO) is a public sector company in India, primarily engaged in financing infrastructure development and housing projects. The company operates under the Ministry of Housing and Urban Affairs, Government of India. Its primary services include providing long-term finance for the construction of houses and undertaking urban infrastructure development in the country. HUDCO plays a significant role in advancing the government's initiatives to promote affordable housing and urban development, contributing to the nation's socio-economic growth. As of the latest data available, the company focuses on supporting sustainable development projects, aligning with national priorities.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), HUDCO reported a total income of ₹3251.02 crores. This demonstrates a quarter-over-quarter (QoQ) increase of 10.4% from ₹2945.47 crores in Q1FY26 and a year-over-year (YoY) growth of 28.7% compared to ₹2526.14 crores in Q2FY25. This upward trajectory in revenue aligns with the company's strategic focus on expanding its financing activities and leveraging its position in the urban development and housing sector. The revenue growth reflects HUDCO's ability to effectively channel funds into projects that are in line with its core business objectives.

Profitability

HUDCO's profitability metrics in Q2FY26 illustrate a dynamic financial performance. The company's profit before tax (PBT) stood at ₹954.71 crores, marking an 11.4% increase from the previous quarter's ₹857.23 crores, yet a 4.5% decline when compared to ₹1000.04 crores in the same quarter of the previous year (Q2FY25). The company reported a tax expense of ₹244.88 crores in Q2FY26, which is a 7.9% increase QoQ and a 21.4% decrease YoY. Consequently, the profit after tax (PAT) amounted to ₹709.83 crores, reflecting a 12.6% rise QoQ and a modest 3.1% growth YoY. These figures highlight the company's ongoing efforts to maintain robust profitability amidst fluctuating tax obligations and market conditions.

Operating Metrics

The earnings per share (EPS) for HUDCO in Q2FY26 was recorded at ₹3.55, representing a 12.7% increase from ₹3.15 in Q1FY26, and a 3.2% rise from ₹3.44 in Q2FY25. The company's total expenses in the latest quarter were ₹2313.30 crores, reflecting a 5.6% increase QoQ from ₹2191.19 crores and a 31.5% increase YoY from ₹1759.25 crores. The upward trend in expenses is indicative of the company's expanding operations and investments in its core business areas. These operating metrics provide insights into HUDCO's financial health and operational efficiency, demonstrating its capacity to manage costs while achieving revenue growth.