IDFC First Bank Q3Results: IDFC First Bank Q3 Net Profit down 52.6% at Rs 339.4 crore

IDFC First Bank Q3 Net Profit rose 52.6% at Rs 339.4 Cr Vs Rs 715.7 Cr (YoY).

NII is up 14.4% at Rs 4,902 cr Vs Rs 4,286.6 cr

Gross NPA is at Rs 4399.3 cr Vs Rs 4,195.2 crore (QoQ).

In percentage terms, Gross NPA At 1.94% Vs 1.92% (QoQ).

Net NPA is at Rs 1,162 Cr Vs Rs 1,037.6 Cr (QoQ) & 0.52% Vs 0.48%

ICICI Bank reports #Q3 earnings

Net Profit Up 14.8% At ₹11,792.4 Cr Vs ₹10,271.6 Cr (YoY)

NII Up 9.1% At ₹20,340.6 Cr Vs ₹18,678.6 Cr (YoY)

Gross NPA At Rs 27,745.33 Cr Vs Rs 27,121.15 Cr (QoQ)

Net NPA At Rs 5,897.76 Cr Vs Rs 5,685.14 Cr (QoQ)

Gross NPA At 1.96% Vs 1.97% (QoQ)

Net NPA At 0.42% Vs 0.42% (QoQ)

Analysts will continue to focus on management commentary on power generation and the power major's capacity expansion plans both in conventional and renewable energy. They will also keep eye on any management plans on emerging areas of renewable energy such as green hydrogen.

Yes Bank reported a strong performance for Q3 FY2025, posting a net profit of ₹612.3 crore, surpassing analyst estimates

Net Profit At ₹621.3 Cr Vs ₹231.5 Cr (YoY)

NII Up 10.2% At ₹2,223.5 Cr Vs ₹2,016.9 Cr (YoY)

Gross NPA At ₹3,963.47Cr Vs ₹3,889.4 Cr (QoQ)

Net NPA At ₹ 1,142.6 Cr Vs ₹1,168 Cr (QoQ)

Gross NPA At 1.6% vs 1.6%(QoQ)

Net NPA At 0.5% vs 0.5%(QoQ)

NTPC's thermal under-construction capacity has increased to 17.6GW versus 11.5 GW on a quarterly basis, according to a report by Antique Broking. The brokerage added that in the third quarter, it has given investment approval for 6.4GW of coal-fired capacity. Additionally, the company is looking to commission 20 GW of renewable energy in the next three years.

According to the average of a Moneycontrol poll of five brokerages, NTPC is likely to see revenue rise 9 percent on-year to Rs 43,014 crore compared to Rs 39,455 crore reported in the same quarter last year.

Net profit is likely to grow 9 percent from a year earlier to Rs 5016 crore.

This is the first earnings report from the power major after its green energy subsidiary NTPC Green was listed separately on both the BSE and the National Stock Exchange.

Investors will closely monitor ICICI Bank’s loan and deposit growth, asset quality metrics, and any challenges that could affect its growth trajectory.

During the October-December period, ICICI Bank shares remained relatively flat, edging up just 0.7 percent, even as the Nifty 50 declined by 4 percent.

Stable asset-quality: Motilal Oswal Financial Services predicts that the bank’s asset quality will remain steady, with the gross non-performing asset (GNPA) ratio flat at 2 percent QoQ and the net NPA (NNPA) ratio unchanged at 0.4 percent.

India’s second-largest private lender, ICICI Bank, is poised to deliver another steady performance in Q3FY25, with net profit projected to grow by 11 percent year-on-year (YoY), supported by stable asset quality and reduced slippages.

However, analysts cautioned that softer sequential loan growth could weigh on the bank’s overall performance for the quarter.

According to Moneycontrol's poll of 8 brokerages, ICICI Bank's NII is expected to rise 10 percent YoY to Rs 20,618 crore in Q3FY25 from Rs 18,678 crore in Q3FY24. Net profit is projected to rise to Rs 11,437 crore, reflecting an 11 percent YoY increase compared to Rs 10,271 crore in the same period last year.

According to Moneycontrol's poll of 8 brokerages, ICICI Bank's NII is expected to rise 10 percent YoY to Rs 20,618 crore in Q3FY25

More than 25 companies are set to announce their results for the October-December quarter (Q3) today. ICICI Bank, Yes Bank, NTPC, IDFC First Bank are some of the notable names among them.