{
  "id": 14483771,
  "title": "HDB Financial Services PAT up 34.5% to ₹780 crore in Q2",
  "url": "https://urgent.news/2026/10/14/hdb-financial-services-pat-up-34-5-to-780-crore-in-q2",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T16:10:22.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/hdb-financial-services-pat-up-345-to-780-crore-in-q2/article71584716.ece"
  },
  "original_language": "en",
  "account": "In the second quarter of fiscal 2027, HDB Financial Services reported a 34.2 percent increase in net profit to ₹780 crore, up from ₹581 crore in the same period last year. This growth was primarily driven by a 15.6 percent rise in net interest income to ₹2,534 crore, compared to ₹2,192 crore in the corresponding quarter of the previous fiscal year. Although quarterly net interest income growth was modest at just 1 percent, the non-banking finance corporation's net interest margin improved annually but contracted sequentially, reaching 8.23 percent, up 28 basis points from 7.95 percent in the previous quarter. The bank's loan book expanded by nearly 11.7 percent to ₹1.24 lakh crore, driven by a 12.4 percent increase in stage one loans and a 3 percent rise in stage two loans. HDB's asset quality also improved, with the share of gross advances in stage three non-performing assets decreasing to 2.43 percent in the second quarter of fiscal 2027, down from 2.81 percent in the year-ago period. However, this improvement was short-lived, as the gross non-performing assets increased from 2.34 percent. At the board meeting, HDB's directors announced an interim dividend of ₹2.00 per equity share.",
  "summary": "The increase is largely attributed to a 15.6 per cent increase in the net interest income to ₹2,534 crore in the reporting quarter, compared with ₹2192 crore in the corresponding period last fiscal",
  "key_points": [
    "HDB Financial Services Q2 net profit up 34.5% to ₹780 crore",
    "Net interest income rises 15.6% to ₹2,534 crore",
    "Loan book expands 11.7% to ₹1.24 lakh crore"
  ],
  "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."
}