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Refile: India's non-bank lender HDB rises as much as 11% on quarterly profit surge

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April 16 (Reuters) - HDB Financial Services HDBF.NS rallied as much as 11% on Thursday after the Indian non-bank lender reported a sharp 41.4% increase in quarterly profit on margin expansion and healthier asset quality

The stock touched its highest level in nearly two months, and was last up 9% at 702.25 rupees, putting it on track for its best session on record.

 (Reporting by Pranav Kashyap in Bengaluru)

 ((pranav.kashyap@tr.com; +919886482111;))

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