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

HDB Financial Services

16/04/2026 05:00

Correct typographical error in headline

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;))