English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessHDFC Bank Q3 Net Profit seen up 3% YoY to Rs. 16,427 cr: Emkay

    HDFC Bank Q3 Net Profit seen up 3% YoY to Rs. 16,427 cr: Emkay

    Net Interest Income (NII) is expected to increase by 6.2 percent Y-o-Y (up 7.9 percent Q-o-Q) to Rs. 29,554.6 crore, according to Emkay.

    January 15, 2024 / 18:27 IST
    HDFC Bank

    HDFC Bank

     
     
    live
    • bselive
    • nselive
    Volume
    Todays L/H
    More

    Emkay has come out with its third quarter (October - December’ 24) earnings estimates for the Banking sector. The brokerage house expects HDFC Bank to report net profitat Rs. 16,427 crore up 3% year-on-year (up 2.8% quarter-on-quarter).

    Net Interest Income (NII) is expected to increase by 6.2 percent Y-o-Y (up 7.9 percent Q-o-Q) to Rs. 29,554.6 crore, according to Emkay.

    Pre Provision Operating Profit (PPOP) is likely to rise by 2.9% Y-o-Y (up 8.9 percent Q-o-Q) to Rs. 24,703.4 crore.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Emkay_BFSI

    first published: Jan 15, 2024 05:30 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347