On a standalone basis, net profit rose 41.4% YoY and 16.6% QoQ to Rs 751 crore in Q4 FY26 from Rs 531 crore in Q4 FY25 and Rs 644 crore in Q3 FY26.
Net interest income increased 21.6% YoY and 5% QoQ to Rs 2,399 crore, compared to Rs 1,973 crore in the year-ago quarter and Rs 2,285 crore in the previous quarter.
Net income came in at Rs 2,769 crore, up 19.8% YoY and 4% QoQ. Profit before tax stood at Rs 991 crore in Q4 FY26, up 44.3% YoY and 17.6% QoQ.
Pre-provisioning operating profit stood at Rs 1,675 crore in Q4 FY26, rising 26.9% YoY and 7.8% QoQ, indicating strong underlying operating momentum.
On the cost front, employee expenses rose 7.5% YoY but declined 5.4% QoQ to Rs 709 crore, while other operating expenses increased 16% YoY and 7.1% QoQ to Rs 385 crore. Total expenses rose 10.3% YoY but declined 1.3% QoQ, aiding margin expansion.
Credit costs stood at Rs 685 crore, up 8% YoY but down 3.9% QoQ, suggesting some sequential easing.
On the balance sheet front, assets under management rose 10.7% YoY to Rs 1,18,733 crore as of 31 March 2026, while the gross loan book grew 10.9% YoY and 3.4% QoQ to Rs 1,18,493 crore.
Asset quality saw slight pressure, with gross stage 3 assets rising to 2.44% from 2.26% YoY, while net stage 3 assets increased to 1.09% from 0.99%.
Provision coverage ratio remained stable at 55.53% compared to 55.95% a year ago.
For the full year, net profit rose 16.9% YoY to Rs 2,544 crore, while net interest income grew 20.4% to Rs 8,968 crore in FY26.
The NBFC's board approved a fundraising of Rs 32,824.72 crore through debt. The fundraising, which includes renewal of Rs 31,974.72 crore and fresh capital of Rs 850 crore, will be done through issue of debt securities on private placement basis, in one or more tranches.
Further, the board also declared a final dividend of Rs 2 per share for the financial year ended March 2026.
HDB Financial Services (HDBFS) is a non-deposit taking non-banking finance company ('NBFC') offering wide range of loan products to individuals, emerging businesses and micro enterprises. Established in 2007, as a subsidiary of HDFC Bank Limited, HDBFS is categorized as an upper layer NBFC by the RBI. HDBFS offers a large portfolio of lending products that cater to a growing and diverse customer base through a wide omni-channel distribution network. Its lending products are offered through the three business verticals: Enterprise Lending, Asset Finance and Consumer Finance. As of 31 March 2026, the company's distribution network spans 1,730 branches across 1,161 cities/ towns.