In Q3FY26, HDB Financial reported a steady operating performance marked by margin expansion, moderating credit costs and stable asset quality.
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HDB Financial Services shares fell 1 per cent after the NBFC reported a slight drop in its profit for Q2 FY26
The NBFC's Q2 net profit stood at Rs 581 crore; NII grew nearly 20% while credit cost surged 74% YoY amid rise in NPAs
HDB Financial had an AUM of ₹1.1 trillion as of 1QFY26, with operations spanning 1,771 branches across India, including a strong focus on rural markets
HDB Financial shares rose as much as 1.31 per cent after Motilal Oswal assigned a 'Neutral' rating on the stock