HDB Financial Q2 profit climbs 34%, NIM improves year on year, eyes stronger disbursements in H2
60-Word AI Digest
HDB Financial Services reported a 34% year-on-year increase in Q2FY27 net profit to Rs 780 crore, supported by higher net interest income, loan growth and lower credit costs. The lender expects festive demand and stronger disbursements to drive growth in the second half and declared an interim dividend of Rs 2 per share.
Key Takeaways
- HDB Financial Services reported a 34% year-on-year increase in Q2FY27 net profit to Rs 780 crore, supported by higher net interest income, loan growth and lower credit costs.
- The lender expects festive demand and stronger disbursements to drive growth in the second half and declared an interim dividend of Rs 2 per share.
- Full details and original dispatch available below.
HDB Financial Services reported a 34% year-on-year increase in Q2FY27 net profit to Rs 780 crore, supported by higher net interest income, loan growth and lower credit costs. The lender expects festive demand and stronger disbursements to drive growth in the second half and declared an interim dividend of Rs 2 per share.
Original Publisher Attribution
This summary was curated from Economic Times.