HDB Financial’s Mixed Q1 Results: Profit Slips While Revenue Hits New Highs
HDB Financial, a prominent non-banking finance company and subsidiary of HDFC Bank, announced its financial results for the first quarter of the fiscal year 2025-26 (Q1FY26) on Tuesday, July 15. The company reported a marginal decline in net profit on a year-on-year (YoY) basis, though revenue and key income metrics showed positive growth.
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For Q1FY26, HDB Financial’s net profit stood at ₹567.7 crore, reflecting a 2.4% decrease from ₹581.7 crore recorded in the same quarter last year. However, the net profit improved by 7% sequentially compared to ₹530.9 crore in the previous quarter ending March 2025.
The company’s net interest income (NII), which represents the difference between interest earned and interest expended, grew significantly by 18.3% YoY to ₹2091.8 crore in Q1FY26, up from ₹1768.2 crore a year earlier. Sequentially, NII also increased from ₹1972.8 crore reported in the March quarter.
HDB Financial’s overall revenue from operations rose 15% YoY and 4.6% quarter-on-quarter (QoQ), reaching ₹4465.4 crore during the quarter under review.
HDB Financial shares were recently listed on the Indian stock market on July 2, marking a key milestone for the company as it moves forward as a publicly traded entity.
More details on the company’s quarterly performance and future outlook are expected to follow.
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