Housing & Urban Development Corporation (HUDCO) on Wednesday reported a 4% year-on-year rise in standalone net profit to Rs 728 crore for Q4FY25, compared to Rs 700 crore in the same quarter last year. Revenue from operations in the March quarter stood at Rs 2,845 crore, up 38% from Rs 2,065 crore in the year-ago period.
On a sequential basis, profit after tax (PAT) declined 1% from Rs 735 crore in Q3FY25. Revenue also rose 3% compared to Rs 2,760 crore in the previous quarter.
HUDCO’s board of directors recommended a final dividend of Rs 1.05 per equity share for FY25. This is in addition to the first interim dividend of Rs 2.05 and second interim dividend of Rs 1.05 per equity share already declared and paid during the year.
Interest income for Q4FY25 stood at Rs 2,821 crore, up from Rs 2,746 crore in Q3FY25 and Rs 2,002 crore in Q4FY24.