HDFC Bank Q4 PAT seen up 30% at Rs 1,449 cr

Private sector lender HDFC Bank is likely to report a profit after tax of Rs 1,449 crore in the fourth quarter of FY12, a massive growth of 30% as compared to Rs 1,114.7 crore in a year ago period, according to CNBC-TV18 poll.

Net interest income is seen going up by 14.5% to Rs 3,252 crore from Rs 2,839.5 crore year-on-year.

Also read:  HDFC Bank: Asset quality stabilisation, a key for Q4 results

Q4 Expectations

Another stable quarter expected with 30% net profit growth

Loan growth expected at 25%

Deposit growth expected at 18%

Fee income expected to increase sequentially (which saw a good jump last quarter as well)

NIMs expected to decline sequentially
**Q3 NIMs at 4.10%

Despite high deposit rates - banks strong CASA will help support cost of funds

Asset quality likely to remain stable
**But provisions likely to remain at a similar level to Q3 as bank will buffer for the future