Housing & Urban Development Corporation Limited (HUDCO) is a government-owned financial institution in India that specializes in providing financial assistance and consultancy services for housing and urban infrastructure projects. Established in 1970, HUDCO plays a crucial role in promoting sustainable and affordable housing and urban development across the country. HUDCO primarily operates in two segments: project finance and consultancy services. In the project finance segment, the company provides loans and financial assistance for various housing and urban infrastructure projects.
- Housing & Urban Development Corporation Limited reported Total Income for Q4 FY23 of ₹1,862.41 Crore up from ₹1,744.28 Crore year on year, a growth of 6.8%.
- Total Expenses for Q4 FY23 of ₹998.1 Crore up from ₹701.04 Crore year on year, a growth of 43.4%.
- Consolidated Net Profit of ₹639.14 Crore, down 14.4% from ₹746.85 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹3.19, up from ₹3.73 in the same quarter of the previous year.