HUDCO Board to Consider Raising FY26 Borrowing Plan to ₹80,000 Crore

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CNBC TV18•22-01-2026, 22:31
HUDCO Board to Consider Raising FY26 Borrowing Plan to ₹80,000 Crore
- •HUDCO's board of directors will meet on January 29, 2026, to discuss increasing the FY26 borrowing plan to ₹80,000 crore from ₹65,000 crore.
- •The board will also review unaudited standalone and consolidated financial results for the quarter and nine-month period ending December 31, 2025.
- •A third interim dividend for FY26 and its record date (February 7, 2026) will be considered for shareholder eligibility.
- •HUDCO reported a 3% YoY net profit increase to ₹709.8 crore for Q2 FY25, with NII jumping 31.8% to ₹1,050 crore.
- •The company's loan book reached a record ₹1,44,554 crore, a 30% year-on-year increase, reflecting robust lending growth.
Why It Matters: HUDCO's board will consider a significant increase in its FY26 borrowing plan amid strong financial performance.
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