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Informist, Wednesday, Jul. 15, 2026

 

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--HDB Financial Services Apr-Jun net profit INR 7.85 bln 
--Analysts saw HDB Fincl Services Apr-Jun net profit at INR 7.75 bln 
--HDB Financial Services Apr-Jun revenue INR 49.38 bln 
--HDB Fincl Svcs Apr-Jun net profit INR 7.85 bln vs INR 5.68 bln year ago 
--HDB Fincl Svcs Apr-Jun revenue INR 49.38 bln vs INR 44.65 bln year ago 
--HDB Fincl Svcs Q1 net interest income INR 25.09 bln, up 19.9% on year 
--HDB Fincl Svcs gross loan book INR 1.22 tln on Jun 30, up 11.4% on yr 
--HDB Fincl Svcs Apr-Jun disbursements INR 176.29 bln, up 16.2% on yr 
--HDB Fincl Svcs Q1 net interest margin 8.35% vs 8.23% qtr ago, 7.74% yr ago 

 

By Durgesh Nandan

 

MUMBAI – HDB Financial Services Ltd. Wednesday reported a sharp rise in net profit for the June quarter, primarily supported by strong year-on-year growth in net interest income. The company's revenue for the quarter grew nearly 11% on year, supported by a rise in interest income and other financial charges.

 

The non-banking finance company posted a net profit of INR 7.85 billion for the reporting quarter, up over 38% on year. The profit was slightly below analysts' expectation of INR 7.75 billion. The company's net interest income for the quarter rose almost 20% on year to INR 25.09 billion.

The revenue for the quarter was INR 49.38 billion. Of this, interest income accounted for INR 42.62 billion, up over 11% on year. Other financial charges amounted to INR 3.51 billion, up nearly 15% on year. The non-bank lender's sale of services grew nearly 3% on year to INR 3.13 billion, and the net gain on fair value changes declined 53% on year to INR 117 million.

 

The company reported a total income of INR 31.85 billion, up nearly 17% on year, for the June quarter. It reported a net interest margin of 8.35% for the quarter, up 61 basis points on year. The company's total expenses were INR 38.83 billion, up over 4%. The expenses rose mainly because of an increase in employee benefits, which grew nearly 8% on year to INR 10.35 billion.

 

The non-bank lender's gross loan book was at INR 1.22 trillion as on Jun. 30, up over 11% on year. The company's assets under management were INR 1.22 trillion, up over 11% on year. It reported gross stage-3 loans at 2.34% as on Jun. 30, down from 2.56% in the year-ago quarter. Provisions and loan losses rose to INR 6.97 billion for the quarter, from INR 6.70 billion for the year-ago quarter.

 

The company's provision coverage ratio as per the stage 3 asset book was 55.73%, down from 56.70% in the year-ago quarter. Its disbursements during the quarter rose to INR 176.29 billion, up over 16% on year but down 11.5% sequentially.

 

HDB Financial Services released its earnings after market hours Wednesday. Its shares ended at INR 751.70 apiece on the National Stock Exchange, up over 1% from Tuesday.  End

 

Edited by Rajeev Pai

 

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