HUDCO Q4 Results: HUDCO reported a net profit of Rs.727.74 crore in Q4 FY25, a 4% YoY increase. Revenue rose 37.8% to Rs. 2,844.99 crore. The company proposed a final dividend of Rs.1.05 per share and plans to raise Rs.2,190 crore through debentures.
The lender’s Net Interest Income (NII), which serves as its core income, rose by 26% to ₹962 crore, compared to Rs.761 crore reported in the same quarter last year.
The HUDCO board has proposed a final dividend of Rs.1.05 for each equity share with a face value of Rs.10 for the financial year 2024-25.
On Tuesday, HUDCO announced its intention to raise up to Rs.2,190 crore through the issuance of debentures.
The company stated that its ‘Bond Allotment Committee’ has authorized the issuance of unsecured, taxable, redeemable, non-convertible, and non-cumulative NCDs (non-convertible debentures) with a face value of ₹1,00,000 each, totaling up to Rs.2,190 crore through private placement.
These bonds will be redeemable at par at the conclusion of the fifth year, with interest payments made annually at a coupon rate of 6.9%.
