{
  "id": 14438176,
  "title": "HDB Financial Services Q2 Profit Rises 34.2% To ₹780 Crore, Announces ₹2 Interim Dividend",
  "url": "https://urgent.news/2026/10/14/hdb-financial-services-q2-profit-rises-34-2-to-780-crore-announces-2",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T11:03:35.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/hdb-financial-services-q2-profit-rises-342-to-780-crore-announces-2-interim-dividend"
  },
  "original_language": "en",
  "account": "Mumbai-based HDB Financial Services Limited reported a 34.2% rise in its Q2 profit to ₹780 crore, ending on September 30, 2026. This surpasses the ₹581 crore earned in the same period last year. The company also declared an interim dividend of ₹2 per share, with the record date set for October 23, 2026.\n\nTheir Q3 profit jumped 36% to ₹644 crore. The bank's asset under management reached ₹1,24,638 crore by September 30, 2026, marking an 11.6% increase from ₹1,11,721 crore in 2025. Its gross loan book climbed to ₹1,24,469 crore, an 11.7% rise from ₹1,11,409 crore in 2025.\n\nGross Stage 3 loans decreased to 2.43% as of September 30, 2026, down from 2.81% the previous year. Loan losses and provisions for the quarter also saw a 2.5% drop to ₹730 crore from ₹748 crore in 2025. The provision coverage was 55.00% for Stage 3 assets, consistent with the prior year's rate of 54.73%.",
  "summary": "Mumbai: HDB Financial Services Limited on Wednesday, October 14, 2026, announced its unaudited financial results for the quarter and half year ended September 30, 2026, along with an interim dividend of ₹2 per equity share. Financial Performance Profit after tax for the quarter stood at ₹780 crore, compared to ₹581 crore in the same period last year. Disbursements for the second quarter of fiscal…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}