HDFC Bank is set to announce its Q3 FY25 financial results today, January 22, 2025. The bank’s management will host an earnings call at 6 PM IST to discuss the performance and provide insights into its strategy moving forward.
Market analysts anticipate a mixed performance for the quarter. The bank’s net profit is projected at Rs.16,097 crore, marking a 1.7% decline compared to Rs.16,372.5 crore in the same quarter last year. Despite the dip in profitability, the Net Interest Income (NII) is expected to grow by 7.4%, reaching Rs. 30,584.9 crore. However, the Net Interest Margin (NIM) could narrow by 14 basis points, settling at 3.58%.
Other important indicators to monitor include asset quality and loan growth. The bank’s Gross Non-Performing Assets (GNPA) are expected to rise slightly to 1.43%, up by 7 basis points. Meanwhile, loan growth is anticipated to be modest, increasing just 0.9% on a quarter-over-quarter basis.
These projections highlight both opportunities and challenges faced by the bank during the quarter. The official results and management commentary will provide a clearer picture of the bank’s financial health and future direction.
