HDB Financial Services Limited Released its financials for Q3 FY24

16 January 2024

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