HDB Financial Services Q1 Results: Check date and time, financials, and other key details

HDB Financial Services, the newly listed stock, is slated to release its June quarter numbers next week.

In its filing to stock exchanges on July 8, the company said that the meeting of the Board of Directors is scheduled to be held on Tuesday, July 15, 2025, to consider and approve unaudited standalone financial results of the company for the quarter ended June 30, 2025.

HDFC Bank and other group companies usually release their numbers in the second half of the day. Hence, HDB Financial is also expected to follow suit.

On July 2, 2025, HDB Financial Services Ltd, the subsidiary of HDFC Bank, got listed with a premium of nearly 13% against the issue price of ₹740.

The company's stock started trading at ₹835, a jump of 12.83% from the issue price on the BSE. Later, it surged 14.29% to ₹845.75.

On the NSE, shares of the firm listed at ₹835.

The ₹12,500 crore initial share sale of HDB Financial Services got subscribed 16.69 times on the closing day of bidding, amid encouraging participation from institutional buyers.

The mega initial public offering (IPO) had a price band of ₹700-₹740 per share.

The IPO was a combination of a fresh issue of equity shares worth ₹2,500 crore and an offer-for-sale (OFS) of ₹10,000 crore by the promoter HDFC Bank.

The company, in its DRHP, said that it proposes to utilise proceeds from the fresh issue to strengthen its tier-I capital base. This will support future capital needs, including additional lending, to support business growth.

The HDB Financial IPO was the second biggest in the last three years after South Korean automaker Hyundai's ₹27,000 crore offer.

HDB Financial Services: A look at its financials

HDB Financial Services reported an 11.57% decline in its profit after tax (PAT) to ₹2,175.92 crore in the financial year 2024-25, according to the red herring prospectus (RHP). The net profit stood at ₹2,460.84 crore in the year-ago period.

Revenue from operations increased 15% to ₹16,300.28 crore in FY25, compared to ₹14,171.12 crore in FY24.

The net profit and revenue stood at ₹1,959.35 crore and ₹12,402.88 crore, respectively, in FY23.

The interest income rose 24% year-on-year (YoY) to ₹13,835.79 crore in the fiscal year 2025, while expenses climbed 23% to ₹13,372.48 crore.

HDFC Bank will continue supporting HDB Financial

HDFC Bank's Managing Director and CEO Sashidhar JJagdishan,on July 2, 2025, the listing day of HDB Financial, said the lender will continue supporting its subsidiary post-listing as well.

Terming the ₹12,500 crore initial public offering a "complex" transaction, Jagdishan said it was a "historic" day for the HDFC Bank-promoted non-banking finance company (NBFC).

Speaking before the listing, Jagdishan said the IPO will provide "independent capital and visibility" for the company to accelerate its growth trajectory.

"We will continue to support HDB as it navigates the opportunities and challenges of the public market," Jagdishan said.

Jagdishan added that HDB is well positioned to capitalise on the opportunity by the underserved credit segments in the country which provide a "large runway" and added that the company has "strong fundamentals" for doing so.