Housing and Urban Development Corporation (HUDCO) has signed a Memorandum of Understanding (MoU) with Delhi Development Authority, a statutory body established under the Delhi Development Act, 1957, on 10 December 2024 at New Delhi.As per the MoU, HUDCO shall organise Capacity Building Programmes for officials of DDA and extend its Consultancy service for the projects being implemented by DDA in the areas like Residential projects including Affordable Housing Projects; Commercial Projects; Institutional Projects; Residential cum Commercial Projects; Commercial cum Institutional Projects; and any other projects related to Housing, Urban Development and Infrastructure Sector. Powered by Capital Market - Live News

Housing & Urban Development Corporation (HUDCO) announced that the following individuals ceased to hold the position of Independent Director of the Company upon completion of their term of appointment of three years on 21 November 2024: - 1. Dr. Ravindra Kumar Ray 2. Dr. Siyaram Singh 3. Smt. Sabitha Bojan Powered by Capital Market - Live News

Net profit of Housing & Urban Development Corporation rose 52.47% to Rs 688.62 crore in the quarter ended September 2024 as against Rs 451.65 crore during the previous quarter ended September 2023. Sales rose 35.01% to Rs 2517.72 crore in the quarter ended September 2024 as against Rs 1864.80 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales2517.721864.80 35 OPM %105.5097.04 - PBDT1002.58608.82 65 PBT1000.04606.38 65 NP688.62451.65 52 Powered by Capital Market - Live News

Housing & Urban Development Corp. will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live News

Moody`s Ratings (Moody`s) has completed a periodic review of the ratings and affirmed the issuer ratings of Housing and Urban Development Corporation (HUDCO) at Baa3 level with `Stable` outlook, equivalent to that of India`s Sovereign RatingPowered by Capital Market - Live News