HDB Financial Services Q4 FY26 PAT Up 16.6% QoQ

HDB Financial Services reported Q4 FY26 PAT of ₹751 crore, up 16.6% sequentially, with disbursements reaching an all-time high of ₹19,922 crore.
Asset quality improved significantly with Gross Stage 3 NPAs declining to 2.44% from 2.81% in the previous quarter, driven by better collections and portfolio health.
The company outlined its medium-term growth target of Nominal GDP plus 6-7% and highlighted investments in AI initiatives across marketing, customer service, and collections.
Management expressed confidence in sustaining NIMs above 8% and maintaining current credit costs around 2.3%, while monitoring global geopolitical developments.