HDB Financial Services has delivered strong financial results for Q3, demonstrating robust growth across key performance metrics. The financial services company reported significant improvements in profitability and revenue generation compared to the same period in the previous year.

Financial Performance Overview

The company's financial performance for Q3 shows consistent growth across all major parameters:

Profitability Surge

The most notable highlight of Q3 results was the substantial increase in net profit, which jumped 36% year-on-year to ₹6.40 billion from ₹4.70 billion. This significant improvement in bottom-line performance indicates enhanced operational efficiency and effective cost management strategies.

Revenue Growth

HDB Financial Services recorded steady revenue growth of 13% in Q3, with total revenue reaching ₹46.70 billion compared to ₹41.40 billion in the corresponding quarter of the previous year. This growth reflects the company's expanding business operations and market presence in the financial services sector.

Interest Income Performance

Interest income, a crucial component of the company's revenue stream, grew 13% to ₹39.90 billion from ₹35.16 billion year-on-year. This growth in interest income demonstrates the company's ability to expand its lending portfolio and maintain healthy interest margins in the competitive financial services market.

HDB Financial Services Limited has submitted its quarterly compliance filing to stock exchanges, confirming adherence to its stated IPO fund utilization plans for the quarter ended December 31, 2025. The filing, submitted under Regulation 32 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, demonstrates the company's commitment to transparent fund management practices.

IPO Details and Listing Information

The company successfully raised funds through its Initial Public Offering and commenced trading on major Indian stock exchanges in 2025. The equity shares were listed on both National Stock Exchange of India Limited and BSE Limited with effect from July 2, 2025.

Compliance and Fund Utilization Status

The quarterly statement filed by Company Secretary and Compliance Officer Dipti Jayesh Khandelwal confirms complete adherence to the original fund utilization plan. The company reported no deviation or variation in the use of funds raised through the public issue for the reporting quarter.

Regulatory Oversight and Monitoring

CARE Ratings Limited continues to serve as the monitoring agency for the IPO proceeds utilization, ensuring proper oversight of fund deployment. The regulatory framework requires listed companies to file quarterly statements confirming adherence to their stated fund utilization objectives, promoting transparency and accountability in capital market operations.

Corporate Governance Framework

The filing demonstrates HDB Financial Services' commitment to maintaining high standards of corporate governance and regulatory compliance. The company's audit committee and external auditors have both reviewed the fund utilization and provided nil comments, indicating satisfactory adherence to the planned fund deployment strategy.

The statement confirms that there were no changes in the terms of contracts or objects for which funds were raised, and no shareholder approval was required for any modifications during the quarter ended December 31, 2025.