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HDB Financial Services Q1 Profit Slides 2.4% as Revenue Jumps 15% in First Post-Listing Report

Robust net interest income, a 14.7% expansion in assets under management, rising NPA ratios temper the NBFC’s debut public-quarter results

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Overview

  • Net profit for Q1 FY26 stood at Rs 567.7 crore, down 2.41% year-on-year.
  • Revenue from operations climbed 14.99% to Rs 4,465.4 crore while net interest income grew 18.3% to Rs 2,091.8 crore.
  • Assets under management expanded 14.7% year-on-year to reach Rs 1,09,690 crore as of June 30.
  • Gross NPA margin rose to 2.56% and net NPA margin to 1.11%, signaling modest asset-quality pressures.
  • Shares traded near Rs 841 after debuting at Rs 835, marking a 13% premium on an IPO that was subscribed 17.65 times.