Q1 saw strong disbursements and a robust project pipeline, with major MoUs signed in Gujarat and Bihar. Spreads and NIMs remain stable, NPAs are low and resolving, and the company targets a loan book of INR 3 lakh crore by 2030.Based on Housing & Urban Development Corp. Ltd. [HUDCO] Q1 26/27 Audio…
Strong Q1 performance driven by robust disbursements, major MoUs with Gujarat and Bihar, and a healthy project pipeline. Spreads and NIMs are guided to remain stable, with a focus on cost-efficient funding and resolution of legacy NPAs.Based on Housing & Urban Development Corp. Ltd. [HUDCO] Q1 26/2…
Revenue and profit after tax grew year-over-year, with strong margins and improved capital ratios. No new NPAs or defaults, and all debt proceeds were fully utilized as intended. Regulatory non-compliance and a large recoverable remain key risks.Original document: Housing & Urban Development Corp…
India's Housing and Urban Development Corporation (HUDCO) NSE:HUDCO on Friday signed a preliminary agreement with Bihar to provide up to 1 trillion rupees ($10.50 billion) in loans for urban infrastructure projects, in one of the country's largest state-level infrastructure financing deals.Here are…
Shares of Housing and Urban Development Corporation Ltd. gained nearly 2% on Wednesday, July 1, after the company reported an increase in loans sanctioned and disbursed in the first quarter compared to the previous year.HUDCO, in its business update for the June quarter, stated that its loans sanct…
Housing and Urban Development Corporation Ltd NSE:HUDCO:
