HDB Financial Services Limited has informed the Exchange regarding a press release dated July 15, 2025, titled "FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2025".
HDBFS · price
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Awaiting price reaction for this filing.
HDB Financial Services (HDFC Bank's NBFC subsidiary) reported steady AUM growth of 14.7% YoY to ₹1,09,690 crore, with total gross loans up 14.3% to ₹1,09,342 crore. Net interest income rose 18.3% YoY to ₹2,092 crore and pre-provisioning operating profit grew 17.2% to ₹1,402 crore. However, profit after tax slipped to ₹568 crore from ₹582 crore YoY, and profit before tax fell to ₹733 crore from ₹784 crore, dragged by higher loan loss provisions of ₹670 crore (up from ₹412 crore). Asset quality weakened, with gross Stage 3 (NPA) ratio rising to 2.56% from 1.93% YoY and net Stage 3 at 1.11% versus 0.77%, while provisioning coverage dipped to 56.70% from 60.24%. RoA softened to 1.9% from 2.4%, but book value per share improved to ₹225 from ₹180, and NIM held steady at 7.7%.
Mixed quarter for shareholders — strong loan growth and stable margins are positive, but rising NPAs, higher credit costs, and a slight dip in profits along with weakening provisioning coverage may weigh on sentiment. Watch asset quality trends closely in coming quarters.