HDB Financial Services Reports 34.2% Rise in Quarterly Profit
The Indian non-bank lender’s net profit rose to 7.8 billion rupees for the quarter ended September 30, from 5.81 billion rupees a year earlier, supported by improved loan demand and lower provisions.
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11:46:43 AM UTC
SquawkNews
Non-banking financial company (NBFC) HDB Financial Services reported a 34.3% year-on-year (YoY) rise in net profit to ₹780.2 crore for the second quarter of financial year 2026-27, compared with ₹581 crore in the corresponding quarter last year.Net interest income (NII), which reflects the differen…
81 billion rupees a year earlie…