HDB Financial Services Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Interest and Dividend Income	153,303	138,358	111,567	89,278	83,630	84,879
Total Interest Expense	67,608	63,628	48,486	34,752	32,891	38,227
Net Interest Income	85,695	74,730	63,081	54,526	50,739	46,652
Gain on Sale of Investments (Rev)	549.2	549.2	1,137	850.7	164.8	400.4
Other Revenue	25,653	24,096	29,007	33,900	29,268	24,169
Revenue Before Loan Losses	111,897	99,375	93,225	89,277	80,172	71,221
Provision for Loan Losses	27,651	21,141	10,650	13,268	24,670	30,715
Revenue	84,246	78,234	82,575	76,009	55,502	40,506
Revenue Growth (YoY)	5.85%	-5.26%	8.64%	36.95%	37.02%	-26.93%
Salaries & Employee Benefits	38,741	36,196	38,508	40,576	35,004	29,556
Cost of Services Provided	287	287	276.6	177.3	147.9	113
Other Operating Expenses	12,350	10,542	9,277	7,838	5,899	4,761
Total Operating Expenses	53,455	48,958	49,536	49,745	42,027	35,485
Operating Income	30,791	29,276	33,038	26,264	13,475	5,021
EBT Excluding Unusual Items	30,791	29,276	33,038	26,264	13,475	5,021
Gain (Loss) on Sale of Investments	-	-	-	-	-	4.9
Pretax Income	30,793	29,278	33,047	26,274	13,476	5,007
Income Tax Expense	7,552	7,519	8,438	6,681	3,362	1,092
Net Income	23,241	21,759	24,608	19,594	10,114	3,915
Net Income to Common	23,241	21,759	24,608	19,594	10,114	3,915
Net Income Growth	0.99%	-11.58%	25.60%	93.73%	158.36%	-61.04%
Shares Outstanding (Basic)	813	794	792	791	789	788
Shares Outstanding (Diluted)	815	796	793	791	790	788
Shares Change (YoY)	2.47%	0.44%	0.17%	0.20%	0.20%	0.17%
EPS (Basic)	28.59	27.40	31.08	24.78	12.81	4.97
EPS (Diluted)	28.50	27.32	31.04	24.76	12.80	4.97
EPS Growth	-1.46%	-11.98%	25.36%	93.44%	157.66%	-61.10%
Free Cash Flow	-	-138,361	-168,594	-69,619	19,460	-3,664
Free Cash Flow Per Share	-	-173.74	-212.65	-87.96	24.63	-4.65
Dividend Per Share	3.000	3.000	3.000	2.000	1.000	-
Dividend Growth	-	-	50.00%	100.00%	-	-
Operating Margin	36.55%	37.42%	40.01%	34.55%	24.28%	12.40%
Profit Margin	27.59%	27.81%	29.80%	25.78%	18.22%	9.66%
Free Cash Flow Margin	-	-176.86%	-204.17%	-91.59%	35.06%	-9.04%
Effective Tax Rate	24.52%	25.68%	25.53%	25.43%	24.95%	21.82%
Revenue as Reported	179,505	163,003	141,711	124,029	113,063	109,448

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.