Diversified Financial Services
Company Overview of HDB Financial Services Limited
HDB Financial Services Limited operates as a non banking financial company that caters to the needs of market and provides various financial services in India. It operates in two lines of businesses, Lending and Collections BPO. The company offers secured loans against securities, gold, ESOPs and shares, property, commercial vehicles, construction equipments, and car loans; and unsecured loans, including personal and business loans. It also provides various general insurance products, including motor, health, critical illness, travel, home, and personal accident insurance, as well as various life insurance products. HDB Financial Services Limited has approximately 250 branches and 8 collecti...
Pandurang Budhkar Marg
Founded in 2007
Key Executives for HDB Financial Services Limited
Head of Human Resources & Operations
Compensation as of Fiscal Year 2014.
HDB Financial Services Limited Key Developments
HDB Financial Services Limited, Board Meeting, Jul 15, 2014
Jul 16 14
HDB Financial Services Limited, Board Meeting, Jul 15, 2014. Agenda: To grant its in-principle approval to the merger of Atlas Documentary Facilitators Company Private Limited into the company, subject to the satisfactory due diligence, valuation, compliance with all the applicable regulatory requirements and all such approvals as may be required in this regard.
HDB Financial Services Limited Announces Unaudited Financial Results for the Six Months and Audited Financial Results for the Year Ended March 31, 2014
Apr 15 14
HDB Financial Services Limited announced unaudited financial results for the six months and audited financial results for the year ended March 31, 2014. For the six months, the company reported total income of INR 9,390.8 million against INR 5,680 million a year ago. Profit from ordinary activities before tax was INR 1,901.7 million against INR 984.8 million a year ago. Net profit for the period was INR 1,248.2 million or INR 2.13 per share against INR 665.7 million or INR 1.62 per share a year ago. Operating profit before provisions and contingencies was INR 2,339.2 million against INR 1,320.1 million a year ago. Return on assets was 0.91% against 0.80% a year ago.
For the year, the company reported total income of INR 16,882.8 million against INR 9,631.9 million a year ago. Profit from ordinary activities before tax was INR 3,180.9 million against INR 1,501.3 million a year ago. Net profit for the period was INR 2,092.6 million or INR 4.32 per share against INR 1,024.5 million or INR 2.49 per share a year ago. Operating profit before provisions and contingencies was INR 3,947.5 million against INR 2,023.9 million a year ago. Return on assets was 1.53% against 1.23% a year ago.
HDB Financial Services Limited, Board Meeting, Apr 15, 2014
Apr 15 14
HDB Financial Services Limited, Board Meeting, Apr 15, 2014. Agenda: To consider the recommendation of a dividend of INR 0.50 per share for the financial year ended March 31, 2014.
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