5444292025-04-012025-06-305444292025-06-305444292025-04-012025-06-30in-capmkt:OtherRevenueFromOperations1Member5444292025-04-012025-06-30in-capmkt:OtherExpenses1Member5444292025-04-012025-06-30in-capmkt:ReportableSegments1Member5444292025-04-012025-06-30in-capmkt:ReportableSegments2Member5444292025-04-012025-06-30in-capmkt:ReportableSegments1Member5444292025-04-012025-06-30in-capmkt:ReportableSegments2Member5444292025-04-012025-06-30in-capmkt:ReportableSegments1Member5444292025-06-30in-capmkt:ReportableSegments1Member5444292025-04-012025-06-30in-capmkt:ReportableSegments2Member5444292025-06-30in-capmkt:ReportableSegments2Member5444292025-04-012025-06-30in-capmkt:ReportableSegments1Member5444292025-06-30in-capmkt:ReportableSegments1Member5444292025-04-012025-06-30in-capmkt:ReportableSegments2Member5444292025-06-30in-capmkt:ReportableSegments2Member5444292025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15444292025-04-012025-06-30ItemsThatWillBeReclassifiedToProfitAndLoss15444292025-04-012025-06-30ItemsThatWillBeReclassifiedToProfitAndLoss25444292025-04-012025-06-30AuditorDomain15444292025-04-012025-06-30AuditorDomain2iso4217:INRxbrli:pureiso4217:INRxbrli:shares544429HDBFSNOTLISTEDINE756I08058HDB Financial Services LimitedMain BoardEquity2025-04-012026-03-312025-07-152025-07-15INRMillionsQuarterlyFirst quarterMulti segment2025-07-1511:10:002025-07-1516:50:00Declaration of unmodified opinionfalsefalseNot Applicable2025-04-012025-06-30UnauditedStandalone38315250000000249100000-74000000303930000030582000004465445000004465445000000096014900001739670000051350000000066965000003120490000373286800007325770000073257700001884840000-2369400001647900000567787000000005677870000-82740000048504700008295670000107.137.11007.137.110.05151.HDB Financial Services Limited ('the Company') is a Non-Banking Financial Company registered with the Reserve Bank of India. The Reserve Bank of India, under Scale Based Regulations has categorised the Company as Upper Layer (NBFC-UL), vide it’s circular dated January 16, 2025. <BR> <BR> 2.The above results for the quarter ended June 30, 2025, have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on July 15, 2025, and subjected to limited review by the Joint Statutory Auditors of the Company in terms of Regulations 33 and 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time. <BR> <BR> 3.The unaudited financial results have been prepared in accordance with recognition and measurement principles laid down in the Indian Accounting Standards ('Ind AS') 34 Interim Financial Reporting as prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with the Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time, other recognised accounting practices generally accepted in India, the circulars guidelines and directions issued by Reserve Bank of India from time to time and other relevant provisions of the Act. <BR> <BR> 4.The figures for the preceding quarter ended March 31, 2025 are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the end of third quarter of the respective financial year, which were subject to Limited Review. <BR> <BR> 5.The Secured listed non-convertible debt securities of the Company are secured by first pari passu mortgage on immovable property situated at Heera Panna Commercial Complex, 3rd Floor, Dr. Yagnik Road, Rajkot and/or first and exclusive charge on receivables of the Company by way of hypothecation to the extent of minimum 1.0 times of the outstanding principal and interest thereon. <BR> <BR> 6.Pursuant to Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021 read with Master Circular for issue and listing of Non-convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Paper dated May 22, 2024, the Company has listed its Commercial Papers on National Stock Exchange of India Limited (NSE). <BR> <BR> 7.The Company has raised equity capital on June 30, 2025 through Initial Public Offer (IPO), of 16,89,18,917 equity shares of Rs. 10 each, comprising a fresh issue of 3,37,83,782 equity shares and 13,51,35,135 equity shares offered for sale by the selling shareholders. The equity shares were issued at a price of Rs 740 per equity share (including a Share Premium of Rs. 730 per equity share). Pursuant to the aforesaid allotment of equity shares, the issued, subscribed and paid- up capital of the Company stands increased to Rs 8,295.7 millions (82,95,66,727 Equity shares of Rs 10 each) and securities premium stands increased to Rs.57,966.6 millions (net of offer expenses Rs.413.81 millions). The Company's equity shares were listed on National Stock Exchange of India Limited and on BSE Limited on 02 July 2025. <BR> <BR> 8.Details of loans transferred / acquired during the quarter ended June 30, 2025 under the RBI Master Direction on Transfer of Loan Exposures dated September 24, 2021 are given below: <BR> <BR> (i)The company has not transferred any Non-Performing Assets. <BR> (ii)The company has not transferred any loan not in default. <BR> (iii)The company has not acquired any special mention account. <BR> (iv)The company has not acquired any stressed loan and loan not in default. <BR> <BR> 9.The Company does not have investment in any subsidiaries, associates , joint ventures or controlled structure entity during the quarter and thus requirement of the consolidated financial results for the quarter ended June 30, 2025 is not applicable.Other financial charges3058200000Other Expenses3120490000Lending business41615150000BPO Services30393000004465445000044654450000Lending business7336480000BPO Services13909000074755700001498000007325770000Lending business1144397570000BPO Services194538000011463429500001100981000001256441050000Lending business963708670000BPO Services19912700009656999400001037343200001069434260000Remeasurement loss on defined benefit plan-30800000-30800000-7700000Change in fair value of debt instruments measured at fair value through other comprehensive income-10300000Movement in cash flow hedge reserve-1064500000-1074800000-270500000-827400000UnauditedtrueM/s. Kalyaniwalla & Mistry LLPtrue2027-07-31M/s. G. D. Apte & Co.true2026-11-30