HDB Financial Services Limited said its board approved audited standalone financial results for the quarter and year ended 31 March 2026. Net interest income was Rs 23,990 million (mn) for the quarter, up 21.6 per cent year on year, while net total income was Rs 30,630 mn, up 17.1 per cent. Pre-provisioning operating profit rose to Rs 16,960 mn, an increase of 26.7 per cent.

Loan losses and provisions amounted to Rs 6,850 mn for the quarter, up 8.0 per cent, and profit before tax increased to Rs 10,110 mn, representing a rise of 43.6 per cent. Profit after tax for the quarter was Rs 7,510 mn, an increase of 41.4 per cent, while profit after tax for the year was Rs 25,440 mn, up 16.9 per cent. The company reported net interest margin at eight point two per cent and credit cost at 2.3 per cent for the quarter.

Assets under management were Rs 1,187,330 mn as on 31 March 2026, a growth of 10.7 per cent, and the gross loan book stood at Rs 1,184,930 mn, up 10.9 per cent year on year. Gross Stage three loans were two point four four per cent of the loan book and net Stage three loans were one point zero nine per cent. Provision coverage on Stage three assets is 55.53 per cent.

The business continues to operate through three business verticals: Enterprise Lending, Asset Finance and Consumer Finance, and the distribution network covers 1,730 branches across 1,161 cities and towns. Return on average assets annualised improved to two point five per cent in the quarter. The board noted the company is categorised as an upper layer non banking finance company by the Reserve Bank of India and approved the audited results at its meeting in Mumbai. Management commentary in the release was presented as forward looking in nature and contains customary cautionary statements.