Leading NBFC HDB Financial Services on Wednesday reported 36% year-on-year (YoY) growth in its net profit at Rs 644 crore for the third quarter of FY26. The same stood at Rs 472 crore in the corresponding quarter of last year. Net interest income for the quarter rose 22% YoY to Rs 2,285 crore.
The strong growth in interest income lifted net total income to Rs 2,970 crore, up 19% from Rs 2,499 crore in Q3FY25, supported by higher loan volumes and stable margins.
Operating performance also remained healthy. Pre-provisioning operating profit rose 23% YoY to Rs 1,573 crore in the December quarter, compared to Rs 1,276 crore a year earlier.
More to come…