The Board of Housing & Urban Development Corporation at its meeting held on 22 January 2025 has approved the enhancement of existing borrowing plan/ programme for the financial year 2024-25 from Rs. 40,000 crore to Rs. 55,000 crore, subject to the outstanding borrowings at any given point of time not exceeding the overall borrowing limit approved by the shareholders.Powered by Capital Market - Live News

Housing & Urban Development Corp. announced that the Board of Directors of the Company at its meeting held on 22 January 2025, inter alia, have recommended the interim dividend of Rs 2.05 per equity Share (i.e. 20.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Housing & Urban Development Corporation rose 41.56% to Rs 735.03 crore in the quarter ended December 2024 as against Rs 519.23 crore during the previous quarter ended December 2023. Sales rose 37.14% to Rs 2760.23 crore in the quarter ended December 2024 as against Rs 2012.66 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales2760.232012.66 37 OPM %97.3499.42 - PBDT934.29698.59 34 PBT931.66696.13 34 NP735.03519.23 42 Powered by Capital Market - Live News

The Board of Housing & Urban Development Corporation will meet on 22 January 2025 to consider enhancement of existing borrowing plan/ programme for the financial year 2024-25 from Rs.40,000 crore to Rs.55,000 crore subject to the outstanding borrowings at any given point of time not exceeding the overall borrowing limit approved by the shareholders. Powered by Capital Market - Live News

Housing & Urban Development Corporation has achieved �Excellent` rating by securing 96 marks out of 100 for the Memorandum of Understanding (MoU) signed with the Ministry of Housing and Urban Affairs (MoHUA), Government of India for the Financial Year 2023-24. The rating is awarded by the Department of Public Enterprises (DPE), Ministry of Finance for operational and financial performance of the Company as per prescribed guidelines in this regard. Powered by Capital Market - Live News