HDB Financial Posts Strong Q4 And Annual Results

17 Apr 2026 CW Team

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.

Real Estate

20 May 2026

WSB Invests in Omaxe for Tier II Expansion

WSB Partners, a real estate-focused investment firm, has invested Rs 750 million in Omaxe Group to support residential plotted developments in Ujjain and Indore.The investment marks WSB’s entry into Tier II markets and reflects growing institutional interest in emerging cities supported by infrastructure growth, improving affordability and rising housing demand.According to the companies, the funding will be deployed primarily as growth capital, with a portion allocated towards working capital and reserves. The investment has been undertaken alongside affiliates of WSB Partners and co-invest..

RAHSTA Awards 2026 Opens for India’s Leading Road Developers

RAHSTA (Roads and Highways Sustainable Technologies & Advancement), Asia’s leading road infrastructure platform, has officially opened nominations for the RAHSTA Awards 2026 under the Road Developers category. The awards will honour companies and organisations that are shaping India’s highway infrastructure landscape through innovation, sustainability, quality execution and efficient asset management.Scheduled alongside RAHSTA 2026 on July 8–9, 2026 at the Jio World Convention Centre, Mumbai, the awards have emerged as one of the most respected recognitions for the roads and highways..

Railways To Sell 10 per cent In PSUs To Raise Rs Two Point Six Two tn

The railway ministry has outlined a plan to sell up to 10 per cent stakes in several public sector undertakings as part of a broader asset monetisation drive. The move is designed to unlock value and generate funds for capital expenditure and network modernisation. The programme targets private participation through offer for sale and minority stake divestments across operating and finance entities. The initiative follows previous asset recycling efforts and seeks to capture market interest for strategic holdings. The target for the exercise is Rs two point six two trillion (tn) to be realised..