Key Takeaways
Net profit: Expected to grow 40% Q-o-Q to Rs 23,000 crore, driven by Credila stake sale.
May dip 9% sequentially to Rs 14,880 crore.
Expected to be flat at Rs 28,600 crore.
Down 3% on quarter to Rs 22,900 crore.
Expected to compress 5 basis points (5bps) Q-o-Q to 3.4%.
Loan growth expected to be 1.6% Q-o-Q, led by retail and CRB portfolio.
Gross non-performing assets (GNPAs) could remain stable at 1.25%.
Provisions might moderate due to likely write-back in AIF provisions.
HDFC Bank is expected to see better traction on deposit growth in Q4FY24.
Deposit growth is expected to be around 7% Q-o-Q.
Analysts expect a decent pick up in the bank's profitability.
While core earnings growth would be muted for FY24E, core PAT may enhance by 19% Y-o-Y in FY26.
Prabhudas Lilladher: Net profit of Rs 16,089.6 crore, PPoP of Rs 24,303.6 crore.
NII of Rs 29,184.3 crore, NIM of 3.38%.
NII of Rs 29,435.3 crore, PPoP of Rs 28,889.3 crore, net profit of Rs 20,018.6 crore.
NII of Rs 29,368 crore, PPoP of Rs 24,019.8 crore, net profit of Rs 16,815.8 crore.
HDFC Bank's stock price has fallen 12.5% on the BSE so far in CY24.
This information is based on analyst reports and may not be completely accurate. Please consult with a financial advisor before making any investment decisions.