HDB Financial Services reported a net profit of ₹780 crore for the second quarter of the financial year 2026-27, a 34% increase from ₹581 crore in the same period last year. The announcement was made on Wednesday, 14 October, after market close. The board of directors declared an interim dividend of ₹2 per equity share of face value ₹10, with the record date set for 23 October 2026.

Revenue from operations rose 10% to ₹5,005 crore for the quarter ended 30 September 2026, compared with ₹4,545 crore a year earlier. Net interest income (NII) for the same period was ₹2,534 crore, up 15.6% from ₹2,192 crore in Q2 FY26. The net interest margin (NIM) increased to 8.23% from 7.95% YoY, while in Q1 FY27 the NIM was 8.35%. These figures show a strengthening of core lending profitability.

The gross non-performing asset (GNPA) ratio fell to 2.43% as of 30 September 2026, down from 2.81% a year earlier and 2.34% as of 30 June 2026. Net total income for the quarter rose 12% to ₹3,188 crore from ₹2,851 crore YoY. Asset under management (AUM) grew 11.6% to ₹1,24,638 crore in Q2 FY27, up from ₹1,11,721 crore reported in Q2 FY26. The gross loan book advanced 11.7% to ₹1,24,469 crore, compared with ₹1,11,409 crore YoY.

Annualised return on assets (RoA) stood at 2.42% and return on equity (RoE) at 14.4% for Q2 FY27. Earnings per share were ₹9.4, while book value per share reached ₹266.7. The borrowing mix comprised 43% bank loans, 28% non-convertible debentures (NCDs) and the remainder from other instruments as of 30 September 2026. The interim dividend of ₹2 per share was declared on 14 October and will be paid to shareholders recorded on 23 October.

Disbursements rose 18.7% year-on-year and 5.1% sequentially to ₹18,522 crore in Q2 FY27. By the end of the quarter, the NBFC’s branch count stood at 1,701, spread across 1,156 cities and towns. Shares closed at ₹583.75 on the National Stock Exchange, down 4.15% after the earnings announcement. Since the start of the year, the stock has fallen over 23%, slipping 12% in a month and 9% in the past six months. As of 14 October, the company’s market capitalisation was ₹48,497.62 crore.