HDB Financial Services reports a strong quarter ended June 30, with net profit rising 38% year-on-year to about ₹785 crore, up from roughly ₹568 crore in the year-ago period. Revenue increases 10.6% to ₹4,938 crore, placing it near the ₹5,000-crore mark. The company’s net interest income (NII) grows around 20%, supporting the improvement in earnings. Multiple reports also point to expansion in business volumes, including an increase in assets under management by about 11%, reflecting continued growth in lending and related activity. On asset quality, sources say there is improvement, with lower percentages of Stage 3 loans, indicating reduced stress in the portfolio compared with the prior year. Following the results, HDB Financial’s shares move higher, with trading gains reported around 4% to 5% in reaction to the quarterly performance. Brokerages and market commentary accompanying the results describe the update as positive, while analysts’ broader assessments are described as steady or neutral in the coverage referenced.