Particle.news

Download on the App Store

HUDCO Reports 28% FY25 Profit Growth, Targets $2 Billion Overseas Borrowing

India's state-run housing financier sets ambitious goals for zero NPAs, record loan disbursements, and infrastructure funding expansion.

Image
Image
Image
HUDCO Targets To Be Zero NPA Company In 18 Months

Overview

  • HUDCO's FY25 net profit surged 28% year-on-year to ₹2,709.14 crore, with Q4 profit rising 4% to ₹727.74 crore.
  • Total income for FY25 increased by 30% to ₹10,348.38 crore, reflecting strong demand for housing and infrastructure financing.
  • Loan disbursements grew 123% to ₹40,038 crore in FY25, with a target of ₹50,000 crore for the current fiscal year.
  • The company plans to raise ₹2,190 crore through domestic non-convertible debentures and $2 billion via overseas borrowings, including yen-denominated social bonds in Japan.
  • HUDCO aims to achieve zero non-performing assets within 18 months, leveraging active resolution of legacy stressed assets.