HDB Financial’s Revenue up 15% year-on-year to Rs. 4,465 crore
FinTech BizNews Service
Mumbai, July 15, 2025: A meeting of the Board of Directors of HDB Financial Services Limited was held in Mumbai on Tuesday, July 15, 2025 to consider and approve the unaudited financial results for the quarter ended 30th June 2025.
Performance Highlights – Q1FY26:
Asset under management (AUM) was Rs 1,09,690 crore as on June 30, 2025 compared to Rs 95,643 crore as on June 30, 2024, a growth of 14.7%
· Total Gross Loans stood at Rs 1,09,342 crore as on June 30, 2025 compared to Rs 95,629 crore as on June 30, 2024, a growth of 14.3%
· Net interest income was Rs 2,092 crore as on June 30, 2025 compared to Rs 1,768 crore as on June 30, 2024, a growth of 18.3%
· Net total income was Rs 2,726 crore as on June 30, 2025 compared to Rs 2,387 crore as on June 30, 2024, a growth of 14.2%
· Pre-provisioning operating profit was Rs 1,402 crore as on June 30, 2025 compared to Rs 1,196 crore as on June 30, 2024, a growth of 17.2%
· Loan losses and provisions was Rs 670 crore as on June 30, 2025 compared to Rs 412 crore as on June 30, 2024
· Profit before tax was Rs 733 crore as on June 30, 2025 compared to Rs 784 crore as on June 30, 2024
· Profit after tax was Rs 568 crore as on June 30, 2025 compared to Rs 582 crore as on June 30, 2024
· Gross Stage 3 loans was at 2.56% as against 1.93% as at June 30, 2024
· Net Stage 3 loans was at 1.11% as against 0.77% as at June 30, 2024
· Provisioning coverage stood at 56.70% on stage 3 assets as against 60.24% as at June 30, 2024