News Muncher - searching for hdfc

HDFC Bank Q1 Results: Profit Surges 35% YoY At Rs 16,175 Crore

HDFC Bank, India's largest private sector lender, announced a 35 per cent year-on-year growth in net profit to Rs 16,175 crore for the quarter ending June 2024, supported by robust net interest income and reduced provisions. However, compared sequentially, the lender's net profit declined by 2 per cent from Rs 16,511.85 crore in Q4FY24, primarily due to slower income growth …

Hdfc Bank

HDFC Bank vs ICICI Bank vs Axis Bank: Which stock to buy after Q4 results?

Top Indian private banks, HDFC Bank, ICICI Bank and Axis Bank, have reported their Q4 results with the lenders showing a decent growth in its net profit and net interest income along with contracting net interest margin. All these three top private lenders HDFC Bank, ICICI Bank, and Axis Bank reported a faster deposit growth in Q4FY24 as compared with …

HDFC Bank Q1 results key highlights: 6 things to know

HDFC Bank reported a healthy April-June quarter scorecard of the current financial year on Monday as barring a mild miss on the asset quality sequentially, the numbers were better than Street estimates. Analysts expected HDFC Bank to report a standalone net profit of ₹11,580 crore for the April-June period, showing an increase of 25.9 per cent compared to the same …

HDFC Bank Q1 net profit rises 30% YoY to ₹11,952 crore; NII jumps 21%

HDFC Bank, the largest private lender in the country, reported a standalone net profit of ₹11,951.7 crore for the quarter ended June 2023, registering a growth of 30% from ₹9,196 crore in the same quarter last year. HDFC Bank's total deposit showed a healthy growth and were at ₹19,13,096 crore as of June 30, 2023, an increase of 19.2% over …

Hdfc

HDFC Bank Q4 Result: Net Profit Rises 20.6% To Rs 12,594 Crore; NII Jumps 23.7%; Rs 19 Dividend Declared

HDFC Bank, India’s largest private sector lender, on Saturday reported a 16.53 per cent jump in its standalone net profit to Rs 12,047 crore for January-March 2023. On a consolidated basis, the largest private sector bank’s net profit stood at Rs 12,594.47 crore, up 20.6 per cent over the quarter ended March 31, 2022, according to a BSE filing. HDFC …

HDFC Bank likely to see steady Q4 results; PAT, NII may post double-digit growth

The next major Q4 earnings will be of the largest private sector lender HDFC Bank on Saturday. HDFC Bank is expected to post double-digit growth in both net interest income and net profit year-on-year. In its Q4 preview report, ICICI Direct on HDFC Bank said, "Expect NII growth at 21% YoY to ₹22,958 crore even though moderation is seen in …

HDFC shares may cross ₹3,200-mark ahead. Here’s what experts suggest

NBFC-giant HDFC is currently below the ₹2,500 mark on BSE. Going forward, the prospects for HDFC looks positive with net interest income gaining further traction, while margins may recover due to the repricing of new individual loans. Meanwhile, in the quarter ending September 2022, HDFC's gross individual non-performing loans stood at 0.91% of the individual portfolio, while the gross non-performing …

HDFC Q2 PAT rises by 18% yoy to ₹4,454 cr, beats estimates

NBFC-giant HDFC garnered a net profit of ₹4,454. However, according to HDFC's financial audit report, the PAT in Q2FY23 stood around ₹5,414 crore compared to ₹ 4,671 crore in the corresponding quarter of the previous year. As of September 30, 2022, HDFC's assets under management came in at ₹6,90,284 crore as against ₹ 5,97,339 crore in the previous year. Meanwhile, …

HDFC Bank Q1 results: Net profit jumps 19% to ₹9,196 crore; NII rises 14.5%

HDFC Bank Q1 FY23 Results: HDFC Bank, the country's largest private lender, on Saturday reported a 19% year-on-year rise in its net profit for the April-June quarter at ₹9,196 crore after providing ₹2,984.1 crore for taxation. HDFC Bank had posted a net profit of ₹7,729.64 crore in the year-ago period. Net interest income for the June quarter grew by 14.5% …