HUDCO reports steady growth in first nine months of FY26
During the nine months ended FY26, HUDCO recorded a net profit of ₹2,053.06 crore, along with its highest-ever loan sanctions, disbursements, and loan book.
During the nine months ended FY26, HUDCO recorded a net profit of ₹2,053.06 crore, along with its highest-ever loan sanctions, disbursements, and loan book.
The achievement stands out as the broader market faced unexpected yield pressures.
The company recorded annual sanctions of Rs 1,27,952 crore, a 55 per cent increase, compared to the previous year, underlining its growing role in financing infrastructure and housing projects.
The 57th edition of the Indian Technical and Economic Cooperation (ITEC) programme for overseas professionals, sponsored by the Ministry of External Affairs
The Har Ghar Tiranga kiosk was inaugurated by the Chief Guest, Srinivas Katikithala, IAS, Secretary, Ministry of Housing and Urban Affairs, in the presence of Sanjay Kulshrestha, CMD HUDCO, officials of HUDCO, MOHUA and various offices located in the India Habitat Centre.
The 55th HUDCO foundation day programme was celebrated by HUDCO, Kolkata regional office on Tuesday.
Sanjay Kulshrestha, CMD of HUDCO, discusses the organisation’s accomplishments in providing affordable housing and catering to the needs of every section of society. He also shares his insights on the government’s vision for the Viksit Bharat initiative.
The rally was flagged off from The Statesman House at Barakhamba Road in Delhi at a glittering ceremony.
HUDCO signed the MoU worth Rs 1 lakh crore with the state government, under which a loan of Rs 20,000 crore per year will be provided for infrastructure projects such as water, irrigation and electricity over the next 5 years.
HUDCO Board of Directors in its Board meeting held on May 24 at New Delhi approved the Audited Financial Results for Fiscal Year 2023-24, the HUDCO said in a statement on Monday.
