Based on historical data, HDFC Bank has released its fourth-quarter earnings predictions for the banking sector (January 22 to March 22). According to the brokerage firm, HDFC Bank is likely to report a net profit of Rs. 9,692.8 crore, up 18.4 percent year on year (but down 6.3 percent sequentially). To discover more about it, read the article. Expected Q4 results, net profit, and date for HDFC Bank in 2022.
Results of HDFC Bank Q4 2022
For the quarter ended March 31, HDFC Bank, India’s largest private lender, is likely to announce a 23 percent year-on-year growth in net profit to Rs.8,550.3 billion.
In addition, the private lender is projected to post a 12 percent growth in net interest income in the third quarter compared to the previous year, bringing the total to Rs 17,000 crore. HDFC Bank will release its quarterly and full-year results on Saturday.
Investors will closely examine any changes in the lender’s asset quality and the lender’s statements following the country’s second wave of Covid-19 infections.
Net interest income (NII) is predicted to climb 13.2 percent yoy (up 5.1 percent qoq) to Rs. 19,377.2 billion, according to various sources.
HDFC Bank expected results for Q4 2022
HDFC Bank, India’s largest private lender, is set to reveal its quarterly results for the months of January and March today. Investors will be waiting with bated breath for the bank’s quarterly earnings, which have a market share of 11%, second only to the State Bank of India (SBI). The lender is likely to enjoy a big increase in earnings, with experts predicting an increase of 18 to 30% year over year.
Provisions are likely to be cut, while loan values are predicted to rise. The results of HDFC Bank are also being scrutinised because the lender has proposed merging with Housing Development Finance Corporation (HDFC), a move that is likely to increase the bank’s market share.
HDFC bank Q4
The Financial Times reports that HDFC Bank will be the first large lender to report quarterly earnings. HDFC Bank’s credit card and fee income statement, according to Motilal Oswal analysts, is a significant monitorable indication for the company.
Analysts at Axis Securities are keeping a careful eye on HDFC Bank’s growth estimates for each category as well as the bank’s comments on the credit card market. In the three months from January to March, the institution’s loan book is anticipated to have reached Rs 13.69 lakh crore.
The most crucial item to keep an eye on is management’s reaction to the proposed merger. The merging of HDFC and HDFC Bank, according to an S&P Global review of the bank’s business profile, will diversify the bank’s business profile. The combined company’s profitability could improve in the following three to five years.
Aside from lucrative cross-selling potential for HDFC Ltd.’s massive client base. The combination allows the bank to cross-sell profitable goods to its enormous client base, especially high-yield items like unsecured loans. Increased fee income from insurance and financial goods would also be advantageous, according to the company’s previous declaration.
HDFC Bank Q4 net profit
HDFC Bank shares ended the day up 0.39 percent at Rs 1,486.05 a share on the Bombay Stock Exchange. In the preceding quarter (Q3FY22), HDFC Bank’s standalone net profit increased by 18.1 percent, bringing the total to Rs 10,342.20 crore.
Total income on a standalone basis for the October-December quarter of FY2021-22 grew to Rs.40,651.60 crore, up from Rs.37,522.92 crore in the previous financial year, according to a regulatory filing by HDFC Bank.
The bank’s non-performing loan ratio, on the other hand, increased, with gross non-performing assets (NPAs) climbing to 1.26 percent of gross loans as of December 30, 2021, up from 0.81 percent the previous year. It has, however, declined sequentially from 1.35 percent at the end of September 2021.
HDFC Bank Limited is a Mumbai-based banking and financial services firm that offers banking and financial services. It is India’s largest private bank in terms of assets and the world’s tenth largest bank in terms of market capitalization as of April 2021. It is the third largest stock market in India, with a market capitalisation of $122.50 billion. With roughly 120,000 employees, the corporation is India’s fourteenth largest employer.
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