HDB Financial Q1 Results: Profit jumps 38% YoY to Rs 785 crore; NII up 20%
HDB Financial Services on Wednesday reported a 38% year-on-year (YoY) rise in profit after tax for the June quarter, helped by strong growth in net interest income and lower pressure from asset quality. The non-bank lender posted a profit after tax of Rs 785 crore for the quarter ended June 2026, compared with Rs 568 crore in the same period last year.
Net interest income rose 20% to Rs 2,509 crore from Rs 2,092 crore a year earlier. Net total income increased 17% to Rs 3,185 crore from Rs 2,726 crore in the year-ago quarter.
Pre-provisioning operating profit grew 25% YoY to Rs 1,752 crore, compared with Rs 1,402 crore in the corresponding quarter last year. The company’s profit before tax rose 44% to Rs 1,055 crore from Rs 733 crore a year earlier.
HDB Financial’s assets under management stood (AUM) at Rs 1.22 lakh crore as of June 2026, compared with Rs 1.09 lakh crore a year earlier, marking growth of 11%. The gross loan book stood at Rs 1.21 lakh crore, up 11% from Rs 1.09 lakh crore as of June 2025.
More to come….
