HDB Financial Services Limited Released its financials for Q3 FY24

The HDB Financial Services Limited announced its financials for Q3 FY24. The revenue of the company increased by 14.2% from Rs 3,154.7 Cr in Q3 FY23 to Rs 3,601.8 Cr in Q3 FY24. The net profit of the company increased by 28.3% from Rs 495.7 Cr in Q3 FY23 to Rs 635.8 Cr in Q3 FY24. The Capital Adequacy Ratio of the company decreased 12.2% from 20.5% in Q3 FY23 to 17.9% in Q3 FY24. The liquidity ratio of the company decreased by 22.6% from 212.0% in Q3 FY23 to 164.0% in Q3 FY24