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Nirmal Bang expects HDFC Bank to report a 3.7 percent growth quarter-on-quarter (growth of 28.4 percent year-on-year) in net profit at Rs 1819.8 crore.
Kotak Securities expects HDFC Bank to report a 2.5 percent degrowth quarter-on-quarter (growth of 30 percent year-on-year) in net profit at Rs 1842.9 crore.
Emkay expects HDFC Bank to report a 1 percent degrowth quarter-on-quarter (growth of 32 percent year-on-year) in net profit at Rs 1869 crore.
Reacting to the bank‘s announcement of results on CNBC-TV18, analysts Vaibhav Agrawal of Angel Broking, Ravikant Bhat of SBICAP Sec and Hatim Broachwala of Karvy Stock Broking Ltd term the bank‘s quarterly performance as extremely positive.
HDFC Bank is to announce its fourth quarter FY13 results. According to the CNBC-TV18's estimates, the company's Q4 net interest income (NII) is seen up 17 percent to Rs 3974 crore versus Rs 3388 crore.
Privately held HDFC Bank's fourth quarter (January – March, FY13) net profit is likely to grow at 32.6% year-on-year to Rs 1,926 crore. Net interest income or the difference between interest earned and paid out, would rise 17% y-o-y to Rs 3,969 crore, according to a poll estimate by CNBC Awaaz.
Kotak Securities has come with its March`13 quarterly earning estimates for banking & NBFCS sector. The research firm expects fresh slippages to remain stable QoQ with positive bias for banks under their coverage.
Motilal Oswal has come with its March`13 quarterly earning estimates for financial sector. The research firm expects reforms and monetary easing to continue, thereby growth is expected to revive gradually.
Angel Broking has come with its March`13 quarterly earning estimates for banking sector. The research firm expects private banks to report healthy earnings growth of 23.0 percent yoy, however, the PSU banks with expected earnings decline of 13.1 percent yoy, would drag the overall earnings performance (de-growth of 3.2 percent yoy).
HDFC Bank, India‘s second largest private sector lender reported a consistent 30 percent year-on-year jump in its third quarter net profit at Rs 1859 crore. The bank‘s robust performance was driven by higher growth in other income and loan expansions in Q3.
Private sector lender HDFC Bank, known for its expertise in transaction banking, expects more growth in retail rather than wholesale banking in the year ahead. During October-December quarter, the bank expanded its retails loans by 29% year-on-year to Rs 1.30 lakh crore while corporate loans increased 18.5% y-o-y to about Rs 1.11 lakh crore.
India‘s second largest private sector lender HDFC Bank is likely to report a robust growth of 29% year-on-year in its third quarter net profit in 2012-13. Net interest income or the difference between interest earned and paid out, would grow 25% y-o-y on the back of strong credit expansion, suggested an analyst poll estimate by CNBC TV18.
Nirmal Bang has come with its December`12 quarterly earning estimates for banking sector. In 3QFY13, there exists a possibility of treasury profits and write-back of depreciation on investments, which we have not factored in on account of movement of yields and open market operations (OMO) conducted by the Reserve Bank of India (RBI).
Motilal Oswal has come with its December`12 quarterly earning estimates for banking sector. The research firm expects RBI to start cutting interest rates from 4QFY13.
Banks are unlikely to spring any surprise, be it positive or negative in their third quarter (October-December) earnings in 2012-13. Private sector lenders continue to be preferred over their public sector peers.
Angel Broking has come with its December`12 quarterly earning estimates for banking sector. The research firm continues to prefer private banks, given their stronger capital adequacy and growth prospects as well as cyclically better asset quality profile, with Yes Bank, Axis Bank and ICICI Bank being top picks.
In an interview to CNBC-TV18 Suresh Ganapathy of Macquarie reviewed the second quarter financial performance of various public and private sector banks.
As expected, India‘s top three private sector lenders continued to be in favour with investors post second quarter earnings. Even as fear of bad loans looming large, these lenders managed to retain their asset quality and recorded better-than-expected non-performing assets.
Motilal Oswal has come with its September quarterly earning estimates for Financials sector. According to the research firm, banking coverage universe is expected to report healthy PAT growth of 19% YoY, largely driven by 23% YoY profit growth from private sector banks.
Emkay Global Financial Services has come with its September quarterly earning estimates for Banking and Financial Services sector. According to the research firm, top picks for the quarterly results - HDFC Bank, ICICI Bank and United bank in banking space. Mahindra Finance and CRISIL are our top picks in NBFC space.
No surprise, the market as usual cheered HDFC Bank's second quarter (July-Sept) performance. However, the rejoice may have come with some amount of monotony as well. Net profit rose 30% year-on-year. Even the executive director could not remember since how many quarters, it has been growing at the same magic figure.
India‘s second largest private sector lenderHDFC Bank's second quarter (July-September) net profit is likely to grow more than 28% year-on-year, suggested a poll estimate by CNBC Awaaz. Net interest income or the difference between interest earned and paid out, would increase by nearly 23% to Rs 3612 crore.
Dolat Capital has come with its September`12 quarterly earning estimates for financial sector. According to the research firm banks‘ asset quality would remain under stress particularly for state-owned banks.
Angel Broking has come with its September`12 quarterly earning estimates for banking sector. According to the research firm banking stocks remained under stress on increased asset quality concerns.
In an interview to CNBC-TV18 MB Mahesh, analyst, Kotak Institutional Equities shared his reading on the first quarter earnings of various private and public sector banks like ICICI Bank, Union Bank of India, HDFC Bank, Punjab National Bank and State Bank of India.