Net interest income is expected to increase by 24 percent Q-o-Q (up 16.8 percent Y-o-Y) to Rs 2501.3 crore, according to Motilal Oswal.
Housing Development Finance Corporation's (HDFC) fourth quarter profit is expected to rise 7.2 percent year-on-year to Rs 1,846.4 crore and net interest income may increase 16.5 percent to Rs 2,495 crore, according to a CNBC-TV18 poll.
Nischint Chawathe of Kotak Institutional Equities expects the housing finance companies from the NBFC space to out perform others.
Abhishek Kothari, banking analyst, Quant Broking expects an earnings downgrade on Bank of Baroda.
Housing finance company HDFC reported third quarter numbers which were bang in-line with estimates. Net interest income was up 14.4 percent year-on-year and profits saw an uptick of 11.5 percent.
Housing finance company HDFC posted an 11.56 percent rise in third-quarter net profit at Rs 1,425.5 crore as against Rs 1,277.7 crore in the same quarter last year.
Housing finance company HDFC's third quarter profit is expected to increase 11.7 percent year-on-year to Rs 1,426.7 crore, according to the average of estimates of analysts polled by CNBC-TV18.
Net interest income may increase 16.3 percent to Rs 1,836 crore in the quarter ended September 2014 from Rs 1,579 crore in same quarter last year.
The non-banking finance company‘s net profit growth of 12 percent stood inline with estimates.
Net interest income of Housing Development Finance Corporation is expected to increase by 4.2 percent Q-o-Q (up 15 percent Y-o-Y) to Rs 1822.3 crore, according to Prabhudas Lilladher.
Net interest income of Housing Development Finance Corporation is expected to increase by 9.9 percent Q-o-Q (up 12.7 percent Y-o-Y) to Rs 1734.7 crore, according to Motilal Oswal.
Core parameters such as spreads are expected to bounce back sequentially to around 2.25 percent after declining 10 basis points in Q2 to 2.2 percent) due to easing on rates and hike in lending rates.
Net interest income of Housing Development Finance Corporation is expected to increase by 10 percent Q-o-Q (up 8.7 percent Y-o-Y) to Rs 1604.2 crore, according to ICICIdirect.com.
HDFC reported what was considered mostly an inline set of numbers in a challenging quarter for financial companies.
HDFC managed to post 19% loan book growth at Rs 1.84 lakh crore as on September 30 over the previous year.
The company is focused on prime borrowers on salaried customers, so it is far better placed even on the asset quality front, says Vaibhav Agrawal of Angel Broking.
Analysts expect asset quality to be maintained during the quarter while other income will be lower due to lower dividend income in the quarter gone by.
Watch out net interest margin of the company in September quarter, which fell below 4 percent mark in June quarter at 3.9 percent.
According to ICICIdirect.com, HDFC may report a 0.6 percent growth quarter-on-quarter (growth of 2.5 percent year-on-year) in net profit at Rs 1,179.9 crore.
According to Kotak Securities, HDFC may report a 10.9 percent growth quarter-on-quarter (growth of 13 percent year-on-year) in net profit at Rs 1,300.7 crore.
According to Motilal Oswal, HDFC may report a 3.2 percent growth quarter-on-quarter (growth of 5.1 percent year-on-year) in net profit at Rs 1,210.3 crore.
According to KR Choksey, HDFC may report a 8.8 percent growth quarter-on-quarter (growth of 10.9 percent year-on-year) in net profit at Rs 1,277 crore.
Investors had rewarded the largest mortgage lender HDFC on its Jan-March quarterly performance. Shares had hit 52 weeks high at Rs 895. However, the exuberance did not recur just after three months when HDFC shares dropped more than 3 percent to close at Rs 803 on Friday. Have the fundamentals changed for HDFC?
HDFC's quarterly results have continued the same trend like the previous quarters as their loan growth has been healthy, says Vaibhav Agrawal of Angel Broking.
The housing finance company is expected to expand its loans by 19-20 percent year-on-year (y-o-y) during the three-month period. The lender may see an incremental increase of 4-5 percent quarter-on-quarter.