Stories
HDB Financial Q2 Profit Jumps 34 Percent on Strong Income Growth
C
CNBC TV18•14-10-2026, 17:15
HDB Financial Q2 Profit Jumps 34 Percent on Strong Income Growth
- •HDB Financial Services reported a 34.3 percent year-on-year rise in net profit to ₹780.2 crore for the second quarter of financial year 2026-27.
- •Net interest income increased by 15.5 percent to ₹2,534 crore, while net total income rose 12 percent to ₹3,188 crore.
- •Assets under management grew 11.6 percent to ₹1,24,638 crore, accompanied by an expansion in the gross loan book.
- •Asset quality improved as gross Stage 3 loans declined to 2.43 percent compared to 2.81 percent in the previous year.
- •The board declared an interim dividend of ₹2 per equity share with October 23, 2026, set as the record date.
Key Questions Answered
HDB Financial Services reported a 34.3% year-on-year increase in net profit, reaching ₹780.2 crore for the second quarter of financial year 2026-27 compared to ₹581 crore in the same period last year.
The board of HDB Financial Services declared an interim dividend of ₹2 per equity share, setting October 23, 2026, as the record date to determine eligible shareholders.
Asset quality improved year-on-year as gross Stage 3 loans declined to 2.43% from 2.81%, and net Stage 3 loans fell to 1.09% from 1.27% as of September 30, 2026.
