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HomeMarket NewsStocks NewsHDB Financial Services Q4 Results | Net profit jumps 41% to ₹751 crore on higher NII
Shares of HDB Financial Services Ltd ended at ₹644.20, up by ₹29.00, or 4.71%, on the BSE.
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Leading non-banking financial company (NBFC), HDB Financial Services Ltd, on Wednesday (April 15), reported a 41.4% year-on-year rise in profit after tax at ₹751 crore for the quarter ended March 31, 2026, compared to ₹531 crore in the corresponding quarter last year.
Net interest income for the quarter stood at ₹2,399 crore, up 21.6% from ₹1,973 crore a year ago. Net total income increased 17.1% to ₹3,063 crore from ₹2,616 crore in the same period.
Pre-provisioning operating profit rose 26.7% to ₹1,696 crore in Q4FY26, compared to ₹1,338 crore in Q4FY25. Loan losses and provisions for the quarter were ₹685 crore, up 8.0% from ₹634 crore last year. Profit before tax grew 43.6% to ₹1,011 crore for the quarter, compared to ₹704 crore in the year-ago period.
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For the full year ended March 31, 2026, profit after tax stood at ₹2,544 crore, marking a 16.9% increase from ₹2,176 crore in FY25.
Assets under management rose to ₹1,18,733 crore as of March 31, 2026, compared to ₹1,07,262 crore a year earlier, registering a growth of 10.7%. The gross loan book stood at ₹1,18,493 crore, up 10.9% from ₹1,06,878 crore in the previous year.
On asset quality, gross Stage 3 loans were at 2.44% as of March 31, 2026, compared to 2.26% a year ago. Net Stage 3 loans stood at 1.09%, up from 0.99% in the corresponding period. Provision coverage ratio on Stage 3 assets was 55.53% as of March 31, 2026, compared to 55.95% as of March 31, 2025.
Further, the HDB Financial Services board has approved borrowing of funds by issue of debt securities on a private placement basis, in one or more tranches, up to ₹32,824.72 crore (Renewal of ₹31,974.72 crore and fresh approval of ₹850 crore), subject to the approval of the shareholders of the company at the ensuing Annual General Meeting.
The board also recommended a final dividend of ₹2 per equity share of the face value of ₹10 each for the financial year ended March 31, 2026, subject to the approval of the shareholders of the company at the ensuing Annual General Meeting.
Shares of HDB Financial Services Ltd ended at ₹644.20, up by ₹29.00, or 4.71%, on the BSE.
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(Edited by : Jomy Jos Pullokaran)
First Published:
Apr 15, 2026 5:41 PM
IST
