Q4 results today: HDFC Bank among 8 companies to announce earnings

Other companies which will announce their March quarter results on Saturday include , , , , , , , and NB Footwear.

The Board of International Travel House will also consider paying a dividend along with the Q4 results.

Here's what to expect from HDFC Bank's Q4

HDFC Bank is expected to show strong year-on-year growth in net profit for the quarter ended March 2024, boosted by massive gains from treasury income.

The lender’s net profit is seen rising upwards of 50% year-on-year, according to the average of estimates given by five brokerages.

Net interest income, the difference between interest earned and interest expended, is likely to grow 22% year-on-year, as per an average of four brokerages.

Loan growth for the reporting March quarter is slower as focus shifts towards deposit mobilization. The traction for deposits is likely to remain healthy.

Motilal Oswal said the asset quality for the merged entity is expected to remain broadly stable. Further, guidance for business growth and earnings trajectory to be key monitorables.

Meanwhile, Axis Securities predicted that the margins are likely to remain stable sequentially. "Stable Opex ratios and support from stake sale to non-interest income are expected to keep PPOP growth healthy," it said.

The lender reported a good set of numbers for the December quarter, with the net profit rising nearly 34% year-on-year (YoY) to Rs 16,372 crore. Net interest income rose 24% YoY to Rs 28,471 crore.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)