Business · Companies · 8 hrs ago
HDB Financial Services profit rises 34% to ₹780 crore in September quarter
HDB Financial Services earned ₹780 crore in the July-September quarter of FY27, up 34.2% from a year earlier.
Higher loan demand and lower provisions helped drive the profit increase.
The company’s net interest income, the difference between interest earned and paid, rose 15.6% to ₹2,534 crore.
Its loan book grew 12% to ₹1.24 lakh crore, while the share of loans in its most serious delinquency category fell from a year earlier.
The board approved a ₹2 interim dividend for each equity share, with October 23 set as the date for determining eligible shareholders.
The results show growth in lending alongside improved asset-quality measures.
HDB Financial Services reported net profit of ₹780 crore for the quarter ended September 30, 2026, up 34.2 per cent from a year earlier.
The company attributed the rise to higher loan demand and lower provisions.
Net interest income increased 15.6 per cent to ₹2,534 crore.
The gross loan book grew about 12 per cent to ₹1.24 lakh crore.
The board approved an interim dividend of ₹2 per equity share.
- Who
- HDB Financial Services, a non-banking financial company.
- What
- Net profit rose 34.2 per cent to ₹780 crore in the September quarter.
- When
- The quarter ended September 30, 2026.
- Where
- Not stated
- Why
- The company attributed the increase to higher loan demand and lower provisions.
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- Net profit
- ₹780 crore
- Year-on-year profit growth
- 34.2 per cent
- Net interest income
- ₹2,534 crore, up 15.6 per cent
- Gross loan book
- ₹1.24 lakh crore
- Gross stage 3 loans
- 2.43 per cent of total loans at September 2026
- Interim dividend
- ₹2 per equity share