Housing & Urban Development Corporation Limited — Results, 23-01-2025: Integrated Filing- Financial

HUDCO has announced a board meeting to discuss the financial results for the quarter and nine-month period ended December 31, 2024. The total revenue from operations during this period reached ₹2,760.23 crores, with interest income constituting a major portion at ₹2,745.54 crores. The company reported a profit of ₹735.03 crores for the quarter and a profit of ₹1,981.40 crores for nine months. The net worth stands at ₹16,612.56 crores as of December 31, 2024.

This solid performance reflects stability in HUDCO's operations, bolstered by its ability to manage impairments effectively, with no new NPAs in project loans this quarter. Investors may regard these results as a positive outlook, given the company's adherence to its operational objectives and robust financial health amidst challenging market conditions.