Housing and Urban Development Corporation (HUDCO) has announced a 28% year-on-year (YoY) increase in its net profit, reaching ₹2,709 crore for FY25, driven by strong loan disbursements and improved asset quality. The company also plans to raise $2 billion through overseas borrowings, primarily targeting the Japanese market.
Financial Performance Highlights
- Revenue from operations surged 32.46% YoY to ₹10,311.29 crore.
- Loan book expanded by 55% YoY, reaching ₹1,24,828 crore.
- Gross NPAs reduced from 2.71% to 1.67%, while net NPAs declined from 0.36% to 0.25%.
- Annual disbursement touched ₹40,038 crore, reflecting strong demand for housing and infrastructure financing.
Overseas Fundraising Strategy
HUDCO plans to tap the Japanese market through a mix of External Commercial Borrowings (ECBs) and bonds, with an initial $500 million issuance in Q2 FY26. The company is also exploring yen-denominated social bonds to diversify its funding sources.
CMD’s Statement on Growth and Expansion
HUDCO Chairman & Managing Director Sanjay Kulshrestha emphasized the company’s strategic initiatives, stating, “Our results reflect the dedication of our team and the trust of our stakeholders. HUDCO is poised to play a catalytic role in financing infrastructure beyond housing.”
With record-breaking revenue growth, improved asset quality, and ambitious expansion plans, HUDCO remains a key player in India’s urban development sector.
