HDFC Bank Q4 results: Brokerage firms are expecting another strong quarter from the banks, where private lenders are likely to report an earnings growth of about 25 per cent on a year-on-year (YoY) basis, while quarter-on-quarter (QoQ) performance is seen to be muted. Return on Assets (RoA) is seen in the range of 1-3 per cent.
HDFC Bank Q4 Result Preview: India s largest lender by market value, HDFC Bank, is all set to report its corporate earnings for the January-March 2023 quarter on Saturday, April 15. Watch this Business Today Visual Story to see key things to watch out for in HDFC Bank quarterly results.
India s largest private lender HDFC Bank on Saturday reported a 18 per cent year-on-year growth in standalone net profit for the quarter ended March 2021 (Q4FY21) at Rs 8,186 crore. It was Rs 6,927.6 crore in the year-ago period (Q4FY20). However, sequentially, the standalone net profit declined 6.5 per cent compared with Rs 8,758 crore in the December quarter (Q3FY21). The lender s board of directors decided against declaring any dividend for FY21 in light of the second coronavirus wave. Net Interest Income (NII) - the difference between interest earned through lending and interest paid to depositors - of the Bank saw a 12.6 per cent rise to Rs 17,120 crore in the reporting quarter, compared to Rs 15,204 crore in the same period last year.