Housing & Urban Development Corporation ‘s Q3 2024-25 Latest News: Profit Up by 41.56% Year-on-Year

Today, we’re looking at Housing & Urban Development Corporation Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 37.14 %. However, it did see a marginal increase of 9.63 % from the previous quarter. Expenses ticked up slightly by 152.98 % quarter-on-quarter, aligning with the annual rise of 529.16 %. Operating profit, while up 34.28 % compared to last year, faced a quarter-on-quarter increase of 1.16 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.08 %, but a shrinkage of -8.16 % sequentially. Other income rose by 17.7 % compared to the last quarter, despite an annual decline of -3.6 %. Interest expenses surged remarkably by 6.05 % from the previous quarter, yet the year-over-year increase remains at a moderate 34.26 %. Depreciation costs climbed by 3.54 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.91 %. Profit before tax grew annually by 33.84 % but saw a reduction from the preceding quarter by -6.84 %.
Tax expenses as a percentage of profits decreased slightly by -4.3 % compared to last year, with a more notable quarter-on-quarter decrease of -10.03 %. Net profit rose by 41.56 % year-on-year but experienced a 6.74 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 41.7 % but a quarterly rise of 6.69 %. In summary, Housing & Urban Development Corporation Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Housing & Urban Development Corporation Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 37.14 % year-on-year growth, however, there was a minor increase of 9.63 % from the previous quarter. Expenses rose by 529.16 % compared to the previous year, with a 152.98 % increase quarter-on-quarter. Operating Profit surged by 34.28 % annually, and saw a 1.16 % increase from the last quarter.
Net Profit showed yearly increase of 41.56 %, and experienced a 6.74 % increase from the previous quarter. Earnings Per Share (EPS) rose by 41.7 % annually, however rose by 6.69 % compared to the last quarter. In essence, while Housing & Urban Development Corporation Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.