Housing and Urban Development Corporation Ltd (Hudco) on Monday reported a 35 per cent jump in net profit to Rs 851 crore in the first quarter ended June 2026.

The state-owned company had earned a net profit of Rs 630 crore in the year-ago period.

The company’s total income rose to Rs 3,737 crore in the first quarter of this fiscal year from Rs 2,945 crore in the corresponding period of the preceding year, Hudco said in a regulatory filing.

Along with its quarterly results, HUDCO’s board declared the first interim dividend of ₹1.25 per equity share, or 12.5% on the face value of ₹10 per equity share, for the financial year 2026-27. The dividend will be subject to deduction of tax deducted at source (TDS), as applicable.

The company has fixed Friday, July 31, 2026, as the record date for determining the eligibility of shareholders to receive the interim dividend. HUDCO said the process of paying the interim dividend will be completed within 30 days from the date of its declaration.

Shares of Housing and Urban Development Corporation Limited ended at ₹202.15, up by ₹6.40, or 3.27%, on the BSE.