India's HDB Financial Services posts quarterly profit rise on steady loan demand
India's HDB Financial Services posts quarterly profit rise on steady loan demand BENGALURU, July 15 (Reuters) - Indian non-bank lender HDB Financial Services HDBF.NS posted a higher first-quarter profit on Wednesday, supported by healthy loan demand.
Net profit rose about 48% to 7.85 billion rupees ($81.55 million) for the quarter ended June 30, from 5.31 billion rupees a year earlier.
($1 = 96.2550 Indian rupees)
(Reporting by Nishit Navin and Surbhi Misra in Bengaluru)
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