HUDCO Reports 93% Surge in Q1 Loan Sanctions & 172% Jump in Q4 Profit

Housing and Urban Development Corporation Limited (HUDCO) has reported robust operational and financial growth, highlighted by a massive spike in Q1 loan sanctions and a significant surge in Q4 profitability. Key Operational & Financial Highlights: Q1 FY27 Operations: Loan sanctions surged an impressive 93% YoY to ₹65,485 crore, while disbursements grew 28% YoY to ₹16,377 crore, indicating a highly robust project pipeline. Q4 FY26 Financials: Consolidated net profit skyrocketed 172% YoY to ₹1,981 crore (primarily driven by a ₹1,530 crore deferred tax credit). Revenue grew 25% to ₹3,563 crore, and Net Interest Income (NII) rose 16.6% to ₹1,149.7 crore. Strategic Milestone: Gujarat Infrastructure Push: HUDCO signed an MoU with the Government of Gujarat to provide up to ₹1 lakh crore in financial assistance for state infrastructure projects over the next two years. Outlook: The nearly doubling of loan sanctions in Q1 FY27, combined with the strategic ₹1 lakh crore commitment to Gujarat, strongly positions HUDCO to capitalize on India's accelerating urban and infrastructure development cycle. $HUDCO