"Housing Development Finance Corporation Ltd.\u2019s asset quality improved as gross stage-III assets stood at 2.1% led by non-individual portfolio. \n\nRestructured assets remain stable at 0.8% of assets under management. Disbursements for individual loan segment grew by 66% YoY in Q1 FY23; Q1 disbursements highest ever in a year. \nHDFC's AUM growth improved led by individual portfolio. Profit after tax grew by 22% YoY led by lower provisions \n\nNet interest income grew slowly at 8% YoY due to decline in net interest margins at 3.4% while PPoP   grew"