HUDCO Q4 Results: PAT rises 4% YoY at Rs 728 crore, revenue jumps 38%

6 days ago 1

Synopsis

HUDCO reported a 4% YoY emergence successful Q4FY25 nett net to Rs 728 crore, with gross surging 38% to Rs 2,845 crore. Full-year PAT roseate 28% to Rs 2,709 crore. Loan sanctions and disbursements jumped sharply, portion involvement income and yields improved. Despite beardown numbers, shares fell 3.5% aft results were announced during marketplace hours.

 PAT rises 4% YoY astatine  Rs 728 crore, gross  jumps 38%ETMarkets.comDespite beardown numbers, shares fell 3.5% aft results were announced during marketplace hours.

Housing & Urban Development Corporation (HUDCO) connected Wednesday reported a 4% year-on-year emergence successful standalone nett net to Rs 728 crore for Q4FY25, compared to Rs 700 crore successful the aforesaid 4th past year. Revenue from operations successful the March 4th stood astatine Rs 2,845 crore, up 38% from Rs 2,065 crore successful the year-ago period.

On a sequential basis, nett aft taxation (PAT) declined 1% from Rs 735 crore successful Q3FY25. Revenue besides roseate 3% compared to Rs 2,760 crore successful the erstwhile quarter.

HUDCO's committee of directors recommended a last dividend of Rs 1.05 per equity stock for FY25. This is successful summation to the archetypal interim dividend of Rs 2.05 and 2nd interim dividend of Rs 1.05 per equity stock already declared and paid during the year.

Interest income for Q4FY25 stood astatine Rs 2,821 crore, up from Rs 2,746 crore successful Q3FY25 and Rs 2,002 crore successful Q4FY24.

For the afloat fiscal year, PAT roseate 28% to Rs 2,709 crore from Rs 2,117 crore successful FY24. Total gross besides accrued 32% to Rs 10,311 crore, compared to Rs 7,784 crore successful the erstwhile fiscal.

HUDCO's indebtedness portfolio (including EBR) stood astatine Rs 1,24,828 crore successful FY25, up from Rs 92,654 crore successful FY24. The output connected loans improved to 9.50%, compared to 9.04% successful FY24.

Sanctioned loans for FY25 surged 55.31% to Rs 1,27,952 crore, from Rs 82,387 crore a twelvemonth ago. Loan disbursements much than doubled, rising 122.59% to Rs 40,038 crore from Rs 17,987 crore successful FY24.

The outgo of funds for FY25 stood astatine 7.44%, up from 7.25% successful FY24.

HUDCO's net were announced during marketplace hours. The banal fell 3.5% connected the NSE and was trading astatine Rs 210.40 astir 2:10 pm.

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