HDB Financial Services Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Interest and Dividend Income	157,883	138,358	111,567	89,278	83,630
Total Interest Expense	68,202	63,628	48,486	34,752	32,891
Net Interest Income	89,681	74,730	63,081	54,526	50,739
Gain on Sale of Investments (Rev)	-	549.2	1,137	850.7	164.8
Other Revenue	26,414	24,096	29,007	33,900	29,268
Revenue Before Loan Losses	116,095	99,375	93,225	89,277	80,172
Provision for Loan Losses	28,148	21,141	10,650	13,268	24,670
Revenue	87,947	78,234	82,575	76,009	55,502
Revenue Growth (YoY)	12.41%	-5.26%	8.64%	36.95%	37.02%
Salaries & Employee Benefits	39,136	36,196	38,508	40,576	35,004
Cost of Services Provided	-	287	276.6	177.3	147.9
Other Operating Expenses	12,855	10,542	9,277	7,838	5,899
Total Operating Expenses	54,084	48,958	49,536	49,745	42,027
Operating Income	33,863	29,276	33,038	26,264	13,475
EBT Excluding Unusual Items	33,863	29,276	33,038	26,264	13,475
Pretax Income	33,863	29,278	33,047	26,274	13,476
Income Tax Expense	8,425	7,519	8,438	6,681	3,362
Net Income	25,438	21,759	24,608	19,594	10,114
Net Income to Common	25,438	21,759	24,608	19,594	10,114
Net Income Growth	16.91%	-11.58%	25.60%	93.73%	158.36%
Shares Outstanding (Basic)	821	794	792	791	789
Shares Outstanding (Diluted)	824	796	793	791	790
Shares Change (YoY)	3.44%	0.44%	0.17%	0.20%	0.20%
EPS (Basic)	30.97	27.40	31.08	24.78	12.81
EPS (Diluted)	30.88	27.32	31.04	24.76	12.80
EPS Growth	13.03%	-11.98%	25.36%	93.44%	157.66%
Free Cash Flow	-87,492	-138,361	-168,594	-69,619	19,460
Free Cash Flow Per Share	-106.21	-173.74	-212.65	-87.96	24.63
Dividend Per Share	4.000	3.000	3.000	2.000	1.000
Dividend Growth	33.33%	-	50.00%	100.00%	-
Operating Margin	38.50%	37.42%	40.01%	34.55%	24.28%
Profit Margin	28.92%	27.81%	29.80%	25.78%	18.22%
Free Cash Flow Margin	-99.48%	-176.86%	-204.17%	-91.59%	35.06%
Effective Tax Rate	24.88%	25.68%	25.53%	25.43%	24.95%
Revenue as Reported	184,297	163,003	141,711	124,029	113,063

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