DBT Bureau
Pune, 15 Jan 2026
HDB Financial Services Limited on Tuesday reported a robust Q3FY26 performance, marked by double-digit growth in assets and loan book, strong expansion in net interest income, and a sharp rise in profitability, reflecting steady business momentum despite higher provisioning and regulatory-related employee cost impacts.
Performance Highlights – Q3FY26:
Asset under management (AUM) was ₹ 1,14,853 crore as on December 31, 2025 compared to ₹ 1,02,514 crore as on December 31, 2024, a growth of 12.0%
Total Gross Loans stood at ₹ 1,14,577 crore as on December 31, 2025 compared to ₹ 1,02,097 crore as on December 31, 2024, a growth of 12.2%
Net interest income was ₹ 2,285 crore for the quarter ended December 31, 2025 compared to ₹ 1,872 crore for the quarter ended December 31, 2024, an increase of 22.1%
Net total income was ₹ 2,970 crore for the quarter ended December 31, 2025 compared to ₹ 2,499 crore for the quarter ended December 31, 2024, an increase of 18.8%
Employee benefit expense includes a provision of ₹61 crores on account of the new labour codes, of which ₹56 crores pertains to the Lending business
Pre-provisioning operating profit was ₹ 1,573 crore for the quarter ended December 31, 2025 compared to ₹ 1,276 crore for the quarter ended December 31, 2024, an increase of 23.2%
Loan losses and provisions was ₹ 712 crore for the quarter ended December 31, 2025 compared to ₹ 636 crore for the quarter ended December 31, 2024, an increase of 12.0%
Profit before tax was ₹ 860 crore for the quarter ended December 31, 2025 compared to ₹ 641 crore for the quarter ended December 31, 2024, an increase of 34.3%
Profit after tax was ₹ 644 crore for the quarter ended December 31, 2025 compared to ₹ 472 crore for the quarter ended December 31, 2024, an increase of 36.3%
Profit after tax was ₹ 1,793 crore for the nine months ended December 31, 2025 compared to ₹ 1,645 crore for the nine months ended December 31, 2024, an increase of 9.0%
Gross Stage 3 loans was at 2.81% as against 2.25% as at December 31, 2024
Net Stage 3 loans was at 1.25% as against 0.90% as at December 31, 2024
Provision Coverage stood at 55.59% on stage 3 assets as against 60.02% as at December 31,2024
