Below are the financial statements of Housing and Urban Development, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of INR | 2024 | 2023 |
|---|---|---|
| Income | — | — |
| Revenue from operations | — | — |
| Interest income | 76,532.1a | 69,834.4a |
| Dividend income | 58.9a | 0.6a |
| Rental income | 547.6a | 541.8a |
| Fees and commission income | 6.4a | 26.6a |
| Net gain on fair value changes | 686.9a | 74.6a |
| Sale of services | 11a | 16.6a |
| Total revenue from operations | 77,842.9a | 70,494.6a |
| Other income | 1,638.1a | 367.2a |
| Total income | 79,481a | 70,861.8a |
| Expenses | — | — |
| Finance cost | -49,608.2a | -45,070.8a |
| Fees and commission expense | -31.2a | -21.3a |
| Net loss on fair value changes | 0a | 0a |
| Impairment on financial instruments | -2,080.9a | -736.9a |
| Employee benefit expense | -2,325.1a | -1,866.2a |
| Depreciation, amortization & impairment | -98.6a | -113.1a |
| Corporate social responsibilities | -455.7a | -449.8a |
| Other expenses | -608.7a | -1,183.4a |
| Total expenses | -51,046.6a | -47,967.7a |
| Profit/(loss) before tax and before share of associate | 28,434.4a | 22,894.1a |
| Share in profit/(loss) of associate | -0.5a | -1.9a |
| Profit/(loss) before tax | 28,433.9a | 22,892.2a |
| Tax expense | — | — |
| Current tax | -5,105a | -4,350a |
| Deferred tax | -2,156.8a | -1,541.9a |
| Adjustment of tax of earlier years (net) | -5.2a | -14a |
| Total tax expenses | -7,267a | -5,877.9a |
| Profit/(loss) for the period | 21,166.9a | 17,014.3a |
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