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HDB Financial Services Q2 Profit Jumps 34 Percent to Rs 780 Crore
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News18•14-10-2026, 18:00
HDB Financial Services Q2 Profit Jumps 34 Percent to Rs 780 Crore
- •HDB Financial Services reported a 34.2 per cent surge in profit after tax to Rs 780 crore for the September quarter of FY27.
- •Net interest income rose 15.6 per cent to Rs 2,534 crore compared to the corresponding quarter of the previous fiscal year.
- •Total income for the quarter under review increased by 12 per cent to reach Rs 3,188 crore.
- •Loan losses and provisions declined by 2.5 per cent to Rs 730 crore, while gross loan book grew by 12 per cent to Rs 1.24 lakh crore.
- •Asset quality improved as Gross stage 3 loans dropped to 2.43 per cent, and the board approved an interim dividend of Rs 2 per share.
Key Questions Answered
HDB Financial Services reported a 34.2 percent surge in profit after tax to Rs 780 crore for the September quarter of FY27, driven by higher loan demand and lower provisions.
The board approved an interim dividend of Rs 2 per equity share, with October 23 fixed as the record date to determine eligible shareholders.
The firm's asset quality improved as Gross stage 3 loans declined to 2.43 percent of total loans at the end of September 2026 from 2.81 percent a year ago, while net stage 3 loans fell to 1.09 percent.
