Q2 results: Three HDFC Group companies to release earnings today; what investors need to know

Meanwhile, the banking behemoth, HDFC Bank, is scheduled to announce its numbers on Saturday, October 18.

HDB Financial Services

HDB Financial Services reported a 2.4% decline in net profit at ₹568 crore for the first quarter of this financial year (Q1 FY26).

Its net profit was at ₹582 crore during the April-June quarter of 2014-15, HDB Financial Services, a subsidiary of HDFC Bank, said in a regulatory filing.

The company said its net total income was at ₹2,726 crore as of June 30, 2025, compared to ₹2,387 crore as of June 30, 2024, a growth of 14.2%.

Its asset under management (AUM) was ₹1,09,690 crore as of June 30, 2025, up 14.7% from the year-ago period.

As of June 30, 2025, HDB Financial Services said its net interest income (NII) stood at ₹2,092 crore, compared to ₹1,768 crore in the year-ago period, a growth of 18.3 per cent.

The company's gross loans rose 4.3% to ₹1,09,342 crore as of June 30, 2025, as against ₹95,629 crore in the year-ago period.

The company said loan losses and provisions stood at ₹670 crore as of June 30, 2025, compared to ₹412 crore a year ago.

Established in 2007 as a subsidiary of HDFC Bank, HDB Financial Services is categorised as an upper-layer NBFC by the Reserve Bank.

As of June 30, 2025, the company had a distribution network of 1,771 branches across 1,166 cities and towns.

HDB Financial Services made its stock market debut on July 2, 2025. The shares listed at a premium of 12.84%, opening at ₹835 on both the NSE and BSE, against an issue price of ₹740.

HDFC Life Insurance Company

HDFC Life Insurance Company reported a 14.4% increase in profit after tax (PAT) at ₹546 crore for the June quarter of the 2025-26 fiscal year (Q2 FY26), driven by growth in back-book profits.

The private sector insurer had a PAT of ₹478 crore in the April-June period of FY25.

In insurance parlance, "back book" generally refers to an existing portfolio of loans or policies that a financial institution has already issued.

Net premium income of the insurance firm rose to ₹14,466 crore at the end of the June quarter of FY26, from ₹12,509.62 crore logged in the corresponding period of FY25, HDFC Life said in a regulatory filing.

HDFC Life attributed its rise in quarterly profit to "a 15% growth in backbook profits".

"Q1 FY26 began on a strong note, with healthy growth across the topline and value of new business and steady margins. Individual Annualised Premium Equivalent (APE) grew by 12.5% year-on-year (YoY), translating into a robust 2-year CAGR of 21%," Vibha Padalkar, Managing Director and CEO of HDFC Life, said.

HDFC Asset Management Company

HDFC Asset Management Company reported a 26% rise in profit after tax (PAT) at ₹603.9 crore for the June quarter of FY25 (Q1 FY26).

The company had posted a PAT of ₹477.5 crore for the year-ago period, the fund house said in a regulatory filing.

Revenue from operations surged 35% to ₹775.2 crore from ₹574.5 crore seen in the June quarter of FY24.

The company's average asset under management (AAUM) stood at ₹6.71 lakh crore as of June 2024 against ₹4.86 lakh crore a year ago.

HDFC AMC is an investment manager for HDFC Mutual Fund, one of the leading mutual funds in the country.

How shares are faring ahead of earnings

HDB Financial Services was trading flat at ₹740 on the NSE. HDFC Asset Management Company shares were trading over 2% higher at ₹5,716 apiece on the NSE. HDFC Life Insurance Company was trading nearly 2% higher at ₹757.50.