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On a sequential basis, profit after tax (PAT) declined 1% from Rs 735 crore in Q3FY25. Revenue also rose 3% compared to Rs 2,760 crore in the previous quarter.
HUDCO’s board of directors recommended a final dividend of Rs 1.05 per equity share for FY25. This is in addition to the first interim dividend of Rs 2.05 and second interim dividend of Rs 1.05 per equity share already declared and paid during the year.
Interest income for Q4FY25 stood at Rs 2,821 crore, up from Rs 2,746 crore in Q3FY25 and Rs 2,002 crore in Q4FY24.
For the full financial year, PAT rose 28% to Rs 2,709 crore from Rs 2,117 crore in FY24. Total revenue also increased 32% to Rs 10,311 crore, compared to Rs 7,784 crore in the previous fiscal.
HUDCO’s loan portfolio (including EBR) stood at Rs 1,24,828 crore in FY25, up from Rs 92,654 crore in FY24. The yield on loans improved to 9.50%, compared to 9.04% in FY24.Sanctioned loans for FY25 surged 55.31% to Rs 1,27,952 crore, from Rs 82,387 crore a year ago. Loan disbursements more than doubled, rising 122.59% to Rs 40,038 crore from Rs 17,987 crore in FY24.The cost of funds for FY25 stood at 7.44%, up from 7.25% in FY24.
HUDCO’s earnings were announced during market hours. The stock fell 3.5% on the NSE and was trading at Rs 210.40 around 2:10 pm.
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