India's HDB Financial Services falls as quarterly profit misses view

** Shares of HDB Financial Services HDBF.NS fall 3.9% to 561 rupees

** Brokerage Jefferies says HDBF's Q2 profit was below estimates due to lower fee income and slightly higher provision; cuts PT to 800 rupees from 880 rupees

** Emkay says HDBF reported a softer quarter in terms of growth and profitability; cuts PT to 625 rupees from 675 rupees

** JM Financial says HDBF reported weak quarter with asset quality slipping despite improving disbursement momentum; cuts PT to 650 rupees from 820 rupees

** Ambit says net interest margins could face pressure as funding costs rise in subsequent quarters

** HDBF posted a 34.2% Y/Y rise in Q2 profit on Wednesday

** YTD, HDBF down ~27%