HDFC Bank Q3 Results Today : HDFC Bank, the country’s largest private lender, is going to release its results for the third quarter of the financial year 2025 today on January 22, 2025. Before the results, flat trading is being seen in HDFC Bank shares today. Today the stock is trading in the range of Rs 1638 to Rs 1655, whereas on Tuesday it closed at Rs 1642. The brokerage house has also given its view on the bank’s results. Most brokerages believe that net profit for the December quarter may see 0-2 percent growth. Whereas net interest income can remain in the range of 6 to 8 percent. There may also be an increase in provisions on a quarterly basis. However, the net interest margin may remain stable.
Estimate of 2 percent growth in net profit
Brokerage house Motilal Oswal estimates that the net profit of HDFC Bank may increase by about 2 percent on an annual basis to Rs 16,644 crore. The brokerage house estimates that Net Interest Income (NII) may increase by 6.5 percent to Rs 30,335 crore as compared to the same quarter last year. Whereas the average NII growth of private banks may be 9.3 percent in the December quarter.
There will be growth in Net Interest Income (NII)!
Brokerage House City believes that Net Interest Income (NII) may increase by 7 percent on annual basis and 1 percent on quarterly basis to Rs 30,497 crore. Whereas profits may decline by 3 percent on annual basis. Net Interest Margin (NIM) may increase by 3 basis points on annual basis to 3.63 percent. Loan growth can be Rs 25,47,726 crore with 4 percent on annual basis. Bank deposits may see 15 percent growth and may reach Rs 25,55,432 crore.
Provisions expected to increase
Brokerage house Axis Securities estimates that HDFC Bank’s December quarter profit may increase by 2.2 percent on an annual basis to Rs 16,737 crore. There may be 8.1 percent growth in Net Interest Income (NII) on annual basis and it may increase from Rs 28,471 crore to Rs 30,778 crore. Provisions may increase by 18.6 percent compared to the second quarter.
Net interest margin (NIM) may remain stable
Sharekhan believes that the net profit for the third quarter may be Rs 16,264 crore, which is 0.7 percent less as compared to the same quarter last year. Net Interest Income (NII) may increase by 7.9 percent to Rs 30,727 crore as compared to the same quarter last year. Asset quality is expected to remain broadly stable, while Net Interest Margin (NIM) may also remain stable on a quarterly basis.
