April 15 (Reuters) – Indian non-bank lender HDB Financial Services posted a 41.4% rise in fourth-quarter profit on Wednesday, supported by healthy loan demand and a sequential improvement in asset quality.
Net profit rose to 7.51 billion rupees ($80.40 million) for the quarter ended March 31, from 5.31 billion rupees a year earlier.
($1 = 93.4080 Indian rupees)
(Reporting by Pranav Kashyap in Bengaluru; Editing by Ronojoy Mazumdar)