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HDB Financial Q1 net profit falls 2.4% to ₹568 crore

July 16, 2025

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Financial Express Hyderabad

HDB FINANCIAL SERVICES' net profit for the quarter ended June fell over 2% on year to ₹568 crore due to a sharp rise in loan loss provisions, gross stage-3 assets and lower disbursements.

- KSHIPRA PETKAR

Sequentially, however, the net profit rose by 7%. This is the first quarterly earnings of the non-bank lender after listing on the stock exchanges.

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