HDB Financial Q1 Results: HDB Financial, an upper-layer non-banking finance company and HDFC Bank’s subsidiary, on Tuesday, July 15, announced a marginal decline of 2.4% year-on-year (YoY) in its net profit for the first quarter of the financial year 2025-26 (Q1FY26).
HDB Financial’s Q1FY26 net profit came in at ₹567.7 crore, as against ₹581.7 crore in the corresponding quarter a year ago. However, on a sequential basis, the figure improved by 7% from ₹530.9 crore in the March quarter of FY25.
The net interest income (NII), the difference between interest earned and expended, saw an 18.3% YoY growth to ₹2091.8 crore in the quarter under review. The figure stood at ₹1768.2 crore in the same quarter last fiscal. The figure was also higher sequentially than ₹1972.8 crore.