Archive · 27 Jul 2026
HUDCO Q1 net profit surges 35% on higher net interest income
HUDCO, a company that helps with housing and urban development, recently announced its results for the first three months of the year.
They made a lot more money compared to the same time last year, with their profits going up by 35.1%.
This increase was mainly because they earned more from interest.
Along with this good news, the company decided to give its shareholders a small reward called a dividend.
This means that if you own shares in HUDCO, you will get ₹1.25 for each share you have.
The company will pay this dividend within a month after they announce it, and they have set July 31, 2026, as the date to check who gets this money.
HUDCO reported a 35.1% year-on-year increase in net profit to ₹851 crore for Q1.
Net interest income rose 21.1% to ₹1,149 crore during the quarter.
HUDCO's board declared an interim dividend of ₹1.25 per equity share.
The dividend will be subject to TDS and paid within 30 days of declaration.
The record date for determining eligibility for the dividend is July 31, 2026.
- Who
- Housing and Urban Development Corporation Ltd (HUDCO)
- What
- Reported a 35.1% year-on-year increase in net profit and declared an interim dividend.
- When
- July 27, 2026
- Where
- India
- Why
- Due to a 21.1% rise in net interest income.
Investor Perspective
Company Perspective
Dividend Declaration
Investor Perspective
Investors appreciate the dividend declaration as it provides immediate returns on their investment.
Company Perspective
The company views the dividend as a way to reward shareholders and maintain investor confidence.
- Net Profit Increase
- 35.1%
- Net Interest Income Increase
- 21.1%
- Interim Dividend
- ₹1.25 per equity share
- Record Date for Dividend
- July 31, 2026
- Dividend Payment Timeline
- Within 30 days of declaration
- Total Income Increase
- 26.8%
- Interest Income
- ₹3,710 crore
- Expenses
- ₹2,561 crore
