Housing & Urban Development Corporation Reports 172% Surge in Net Profit for Q1 2026
Housing & Urban Development Corporation consolidated net profit rises 172.26% in the March 2026 quarter
Business Standard
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Housing & Urban Development Corporation (HUDCO) reported a 172.26% increase in net profit to ₹1,981.31 crore for the quarter ending March 2026, compared to ₹727.74 crore in the same quarter last year. Sales also rose by 25.23% to ₹3,562.86 crore, reflecting strong growth in the housing sector.
- 01HUDCO's net profit increased by 172.26% to ₹1,981.31 crore in Q1 2026.
- 02Sales rose by 25.23% to ₹3,562.86 crore in the same quarter.
- 03For the full year, net profit increased by 48.92% to ₹4,034.37 crore.
- 04Annual sales grew by 27.53% to ₹13,150.40 crore.
- 05The increase in profit and sales indicates robust performance in the housing sector.
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In the quarter ending March 2026, Housing & Urban Development Corporation (HUDCO) achieved a remarkable 172.26% increase in net profit, amounting to ₹1,981.31 crore, up from ₹727.74 crore in the same quarter of the previous year. This growth was accompanied by a 25.23% rise in sales, reaching ₹3,562.86 crore compared to ₹2,844.99 crore in the previous year. For the entire fiscal year, HUDCO reported a net profit of ₹4,034.37 crore, marking an increase of 48.92% from ₹2,709.14 crore in the prior year. Sales for the full year also saw a significant growth of 27.53%, totaling ₹13,150.40 crore against ₹10,311.29 crore in the previous year. These results highlight the company's strong performance and resilience in the housing sector.
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The significant profit growth for HUDCO may lead to increased investments in housing projects, benefiting homebuyers and the construction sector.
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