HDB Financial Services Q2 results: Non-banking financial company (NBFC) HDB Financial Services on Wednesday, October 15, reported a 2 per cent year-on-year (YoY) drop in its net profit for the July-September quarter of the current financial year (Q2FY26). The company’s profit stood at ₹581.4 crore in Q2FY26, down 1.6 per cent compared to a profit of ₹591 crore in the corresponding quarter of the previous financial year.
The NBFC’s interest income, on the other hand, rose 13.3 per cent YoY to ₹3,886.5 crore from ₹3,431 crore in the same quarter last year. Net interest income (NII) rose 19.6 per cent to ₹2,192 crore for Q2FY26, compared to ₹1,833 crore in Q2FY25.
The board of directors of the company declared an interim dividend of ₹2 per equity share for the financial year 2025-26. The record date for dividend payment is Friday, October 24, 2025.
HDB Financial Services Q2 performance highlights
HDB Financial’s asset under management (AUM) saw a year-over-year growth of 12.8 per cent, standing at ₹1,11,721 crore as on September 30, 2025, compared to ₹99,076 crore as on September 30, 2024.
Total gross loans grew by 13 per cent YoY to ₹1,11,409 crore from ₹98,624 crore in the same quarter last year.
Pre-provisioning operating profit rose 24.4 per cent to ₹1,530 crore for Q2FY26 from ₹1,230 crore for Q2FY25.
Loan losses and provisions stood at ₹748 crore compared to ₹431 crore in Q2FY25.
Provision coverage stood at 54.73 per cent on stage 3 assets as against 60.69 per cent as at September 30, 2024, said the company.
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