HDB Financial Services reported a 36.33% YoY profit growth in the third quarter of FY26. The company’s standalone net profit in Q3 FY26 grew to Rs 643 crore from Rs 472 crore in Q3 FY25.
HDB Financial Services reported a 13.42% YoY growth in the interest income in the quarter. Its interest income in Q3 FY26 stood at Rs 3,989 crore, compared to Rs 3,516 crore in the corresponding quarter of the previous fiscal year.
HDB Financial Services, a HDFC Group company, has released its first quarterly numbers after its recent listing, reporting a total revenue of Rs 4,673 crore from operations in Q3 FY26. The company’s total revenue from operations in Q3 FY25 was at Rs 4,143 crore.
HDB Financial Services AUM growth
HDB Financial Services’ Asset under management (AUM) registered a 12% YoY growth in the quarter. Its assets under management grew to Rs 1,14,853 crore by the end of Q3 FY26 from 1,02,514 crore in Q3 FY25.
The company’s Total Gross Loans stood at Rs 1,14,577 crore as on December 31, 2025, compared to Rs 1,02,097 crore as on December 31, 2024, registering a yearly growth of 12.2%.
HDB Financial Services’ Net Interest Margin increased to 8.1% in Q3 FY26. The company’s NIM in Q3 FY25 and Q2 FY25 stood at 7.5% and 7.9% respectively.
HDB Financial Services expenses and provisions
The company’s expenses increased by 8.8% in the quarter. Its total expenses in Q3 FY26 stood at Rs 3,813 crore in Q2 FY26, compared to Rs 3,502 crore in the same quarter of last fiscal year.
HDB Financial Services’ loan losses and provisions were at Rs 712 crore for the quarter ended December 31, 2025, compared to Rs 636 crore for the quarter ended December 31, 2024, an increase of 12%.
The company said that its net stage 3 loans were at 1.25% in the quarter, as compared to 0.90% as of December 31, 2024. Its provision coverage stood at 55.59% on stage 3 assets.