HDB Financial share price: The shares of recently-listed HDB Financial declined nearly 4% in intraday trade on Wednesday, July 16, to a new low as investors were disappointed by the dip in the company’s profit for the quarter ended June 30 and an increase in provisions, despite a jump in revenue.
The HDFC Bank subsidiary, in its first earnings announcement post stock market debut, reported a 2.4% year-on-year (YoY) fall in the net profit to ₹ ₹567.7 crore in Q1 of the financial year 2025-26 (FY26). The figure stood at ₹581.7 crore in the corresponding quarter a year ago.
