HDFC Bank, the country's second largest private sector lender, is likely to report 20 percent year-on-year growth each in profit, net interest income and loan book in July-September quarter.
According to average of estimates of analysts polled by CNBC-TV18, profit is seen rising to Rs 2,875 crore from Rs 2,381.5 crore and net interest income may increase to Rs 6,598 crore from Rs 5,511 crore.
Profit growth has been between 20-30 percent for past nine quarters, before that it was above 30 percent.
Analysts say sustainability of core revenue ex-treasury is a key parameter. In Q1, it improved for fourth consecutive quarter touching 25 percent after nine quarters.
Provisions could be higher as the bank could create floating provisions, feel analysts, adding asset quality ratios are likely to continue being best in class.
Net interest margin will be closely watched as it may be impacted due to base rate cut of 35 basis points during the quarter. It was down 10 bps Q-o-Q to 4.3 percent in Q1FY16.
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