HDB Financial Services Ltd., declared an interim dividend of Rs 2 per equity share, after announcing its financial results for the second quarter of fiscal 2027, as per an exchange filing from the company on Wednesday.
"Further, the board of directors of the company has declared an interim dividend of Rs. 2.00/- per equity share (i.e. 20% on face value of each equity shares) for financial year 2026-27," the filing said.
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The record date for determining the eligibility of the shareholders for the dividend payout is Oct. 23, 2026.
"The interim dividend shall be paid to the equity shareholders of the company, whose names appear in the register of members / the list of beneficiary holders of the depositories as on Friday, Oct. 23, 2026, which is the record date fixed for the purpose," the filing stated.
HDB Financial Q2 Results
HDB Financial Services Ltd.'s net profit saw a uptick of 34.3% to Rs 780 crore, compared to Rs 581 crore in the year ago period. The revenue saw a 10.1% increase to Rs 5,005 crore, compared to Rs 4,545 crore in the year prior.
HDB Financial Q2 Results Highlights (YoY)
- Net Profit Up 34.3% At Rs 780 crore Vs Rs 581 crore
- Revenue Up 10.1% At Rs 5,005 crore Vs Rs 4,545 crore
HDB Financial Share Price Movement
HDB Financial Services Ltd.'s share price saw a 4.15% decline to settle at Rs 583.75, at the end of the day's trade, compared to a 0.44% decline of the NSE Nifty 50.
The stock opened at Rs 610.00, compared to its previous close of Rs 609.05. During today's trading session, HDB Financial Services's share price moved in the range of Rs 581.50 to Rs 611.00.
ALSO READ: HDB Financial Services Q2 Results: Net Profit Rises 34% To Rs 780 Crore, Revenue Up 10% YoY
Looking at its last 52-week performance, the stock has touched a low of Rs 555.30 and a high of Rs 796.70. On the performance front, HDB Financial Services share price is down 21.13% on a year-on-year basis.
The market capitalisation of HDB Fin Svcs is Rs 65,174.91 crore.
(This is a developing story.)
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