HDB Financial Q2 results: Net profit slips 1.69% YoY; firm declares interim dividend for FY26

The company’s net profit for the quarter ended September 30, 2025, stood at ₹581 crore, down 1.69% from ₹591 crore reported in the same quarter last year. Revenue for the period increased 6.19% YoY to ₹6,083 crore, compared with ₹5,728 crore recorded in the corresponding quarter of the previous year.

“The Board of Directors of the Company has declared an interim dividend of ₹2 (Rupees Two Only) per equity share (i.e. 20% on face value of each equity share) for financial year 2025-26. The interim dividend shall be paid to the equity shareholders of the company, whose names appear in the Register of Members / the list of beneficiary holders of the Depositories as on Friday, October 24, 2025, which is the Record Date fixed for the purpose,” the company said in an exchange filing.

In Q2 FY26, the company’s earnings before interest, tax, depreciation and amortisation (EBITDA) stood at ₹1,157 crore as compared with ₹1,129 crore in the same period last year, marking a rise of 2.4%. The EBITDA margin came in at 19.02% for the quarter, slightly lower than 19.71% in Q2 FY25.

The newly listed firm reported a profit before tax (PBT) of ₹782 crore in the quarter under review, declining from ₹799 crore recorded in the same quarter last year.

As of September 30, 2025, HDB Financial Services’ assets under management (AUM) stood at ₹1,11,721 crore, marking a 12.8% rise from ₹99,076 crore recorded a year earlier. Total gross loans also increased 13.0% YoY to ₹1,11,409 crore, compared with ₹98,624 crore as of September 30, 2024.

The company’s net interest income (NII) rose 19.6% to ₹2,192 crore from ₹1,833 crore in the same period last year. Net total income grew 18.4% to ₹2,851 crore, while pre-provisioning operating profit improved 24.4% to ₹1,530 crore compared to ₹1,230 crore a year ago. Loan losses and provisions for the quarter were higher at ₹748 crore, against ₹431 crore in the corresponding period last year.

For the quarter, the NBFC firm reported a net interest margin (NIM) of 7.9% and an annualised return on average assets of 1.9%. Earnings per share stood at ₹7 for the period, while the book value per share was ₹233 as on September 30, 2025.

For the half year ended September 30, 2025, profit after tax stood at ₹1,149 crore, slightly lower than ₹1,173 crore in the same period of the previous year.

Shares of HDB Financials Services settled to close 0.31% higher at ₹742.40 apiece on the National Stock Exchange (NSE). The financial result, however, came after market hours.