In the third quarter of FY25, HDFC Bank is anticipated to record a net profit of ₹16,097 crore, a 1.7% decrease from ₹16,372.5 crore in the same period last year.
HDFC Bank's 2025 Q3 results: The biggest private lender in India, HDFC Bank, is scheduled to release its Q3 earnings today. Today, January 22, 42 businesses will release their third-quarter FY25 earnings, including HDFC Bank.A day before the release of HDFC Bank's financial results for the fiscal third quarter that concluded in December 2024, the share price of the bank dropped on Tuesday.
Here are the main points of HDFC Bank's Q3 results:
The HDFC Bank Board of Directors will meet today, January 22, to review and approve the company's October-December quarter financial results.
At 6:00 PM today, the management of HDFC Bank will hold an earnings call with analysts and investors.
"We would like to notify you that the Bank will hold an earnings call with analysts and investors on January 22, 2025, at 18:00 hours (IST), where the Bank's senior management will discuss the financial results with the participants, in continuation of our notification dated December 16, 2024, regarding the announcement of unaudited standalone and consolidated financial results of the Bank for the quarter and nine-months ended December 31, 2024 ("the financial results").
Between 2:00 and 4:00 PM is when HDFC Bank typically discloses its quarterly earnings.
Preview of HDFC Bank's Q3 Results
In the third quarter of FY25, HDFC Bank is anticipated to record a net profit of ₹16,097 crore, a 1.7% decrease from ₹16,372.5 crore in the same period last year. In Q3FY25, the bank's Net Interest Income (NII) is expected to increase 7.4% year over year (YoY) from ₹28,471 crore to ₹30,584.9 crore. Prabhudas Lilladher has estimated that the Net Interest Margin (NIM) will decrease 14 basis points (bps) to 3.58% from 3.73% during the same period last year.
Because of the emphasis on LDR, loan growth would be weaker at 0.9% QoQ. Since the drop in yields will be counterbalanced by the drop in CoF, margins may stay constant QoQ at 3.58%. Because of decreased other income and greater opex, PPoP may decline by 0.6% QoQ. According to the brokerage firm, "ageing, increased slippages, and prudent accounting practices could result in a 25% increase in provisions."
Due to more slippages, HDFC Bank's gross non-performing assets (GNPA) are predicted to have deteriorated by 7 basis points on a quarterly basis, to 1.43%, in the December quarter.
The share price of HDFC Bank
While the private bank's stock has dropped 5% over the last three months, HDFC Bank's share price has dropped 8% so far this month. The stock price of HDFC Bank has increased by more than 11% in a single year, however the stock has remained largely flat in two years.
Preview of HDFC Bank's Q3 Results
In the third quarter of FY25, HDFC Bank is anticipated to record a net profit of ₹16,097 crore, a 1.7% decrease from ₹16,372.5 crore in the same period last year. In Q3FY25, the bank's Net Interest Income (NII) is expected to increase 7.4% year over year (YoY) from ₹28,471 crore to ₹30,584.9 crore. Prabhudas Lilladher has estimated that the Net Interest Margin (NIM) will decrease 14 basis points (bps) to 3.58% from 3.73% during the same period last year.
Because of the emphasis on LDR, loan growth would be weaker at 0.9% QoQ. Since the drop in yields will be counterbalanced by the drop in CoF, margins may stay constant QoQ at 3.58%. Because of decreased other income and greater opex, PPoP may decline by 0.6% QoQ. According to the brokerage firm, "ageing, increased slippages, and prudent accounting practices could result in a 25% increase in provisions."
Due to more slippages, HDFC Bank's gross non-performing assets (GNPA) are predicted to have deteriorated by 7 basis points on a quarterly basis, to 1.43%, in the December quarter.
The share price of HDFC Bank
While the private bank's stock has dropped 5% over the last three months, HDFC Bank's share price has dropped 8% so far this month. The stock price of HDFC Bank has increased by more than 11% in a single year, however the stock has remained largely flat in two years.
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