HDFC Bank Q1 FY25 Results Preview: HDFC Bank – the country’s largest private sector lender – is all set to report its financial results for the April-June period on Saturday, July 20. Analysts expect the private sector bank to stage a strong quarterly performance.
According to Zee Business research, HDFC Bank is estimated to register a standalone net profit of Rs 15,915 crore for the quarter ended June 30, which translates to a jump of 33.1 per cent on a year-on-year basis. The analysts expect the private sector lender’s net interest income (NII) – or the difference between the interest earned and the interest paid – to grow 25.6 per cent to Rs 29,635 crore for the first quarter of the current financial year.
HDFC Bank’s net interest margin (NIM) – a key measure of profitability for financial institutions – is pegged at 3.40 per cent for the fiscal first quarter of FY25, as against 3.44 per cent for the previous three months.
(This story will be updated shortly)
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HDFC Bank set to report Q1 FY25 results today; here is what investors can expect
