HDFC Bank Q3 FY25 earnings Preview: Here's what you can expect

HDFC Bank, India’s largest backstage assemblage lender, is gearing up to merchandise its fiscal results for the 3rd 4th (Q3) and 9 months ended December 31, 2024. Ahead of the results scheduled for January 22, the bank's concern update has acceptable the code for capitalist expectations.

Business maturation highlights

In its Q3 concern update, HDFC Bank reported a humble 3 per cent year-on-year (YoY) maturation successful full advances, reaching Rs 25.42 lakh crore. This marginal summation contrasts with the bank's robust deposit growth, which surged by 15.8 per cent YoY to Rs 25.63 lakh crore.

Within the deposit mix, Current Account-Savings Account (CASA) deposits accrued by 4.4 per cent to Rs 8.72 lakh crore. Sequentially, advances and deposits roseate somewhat from the erstwhile quarter's Rs 25.19 lakh crore and Rs 25 lakh crore, respectively.

Earnings day and expert call

HDFC Bank’s committee of directors volition conscionable connected January 22, 2025, to finalize the bank's unaudited standalone and consolidated fiscal results. The slope has besides scheduled an net telephone astatine 6 p.m. connected the aforesaid day, wherever elder absorption volition sermon the fiscal show and respond to queries from analysts and investors.

Market show and trends

Shares of HDFC Bank person shown muted show recently. Over the past month, the banal has dipped 7.66 per cent, though it has gained 14.60 per cent implicit the past year. On January 20, the banal traded astatine Rs 1,640.75 apiece connected the NSE, reflecting a cautious capitalist sentiment up of the results.

What to expect from Q3 results

For Q2 FY25, HDFC Bank posted a 5 per cent YoY emergence successful nett net to Rs 16,821 crore, supported by a 10 per cent summation successful Net Interest Income (NII) to Rs 30,114 crore. However, plus prime metrics showed flimsy deterioration, with the gross NPA ratio rising to 1.36 per cent from 1.33 per cent.

For Q3 FY25, investors volition intimately ticker for improvements successful NII, indebtedness growth, and plus quality, arsenic good arsenic absorption commentary connected aboriginal maturation strategies. The bank's show successful the festive season, CASA deposit growth, and outgo absorption initiatives volition besides beryllium captious factors shaping its outlook.

As HDFC Bank prepares to denote its fiscal results, its accordant absorption connected innovation and customer-centric maturation continues to animate semipermanent assurance among investors.