HDFC Bank’s Q3 2024 results are awaiting. Everyone is eager to know about HDFC Bank Q3 results 2024. However, the Quarter 3 of 2023 shows net profits and net interest income gains. The previous quarter had commendable work done. There was a 50% increase in profit and a 30% increase in net interest income. HDFC Bank Q3 results 2024 are expected to be released in January mid-2024. Let us have a detailed analysis of the previous quarter’s income below.
HDFC Bank Q3 Results 2024 Date, Earnings, QIP, Net Profit, CASA, Sales Report
HDFC Bank Q3 results 2024 results are expected to be released in mid-January 2024. The quarter is expected to be profitable, with a good increase in NII. HDFC Bank is the number one private bank in India. It’s one of the most trusted banks. Their yearly and quarterly growth puts more confidence in the investors to look further at the bank. Let us look at the previous quarter’s performance of HDFC Bank below.
HDFC Bank’s Q3 performance in 2023 shows an increase in net profits. The bank touched Rs. 12,259.50 crores in Q3 2023. It is a YoY growth of 18.50%. Let us move to the most crucial part of the bank’s performance interest income. The Net Interest Income is Rs. 22,987.9 crores. It’s directly a YoY growth of 24.60%. Overall last quarter 3 was impressive. The investors are expecting similar growth this quarter.
HDFC Bank Q2 2024 is also no less. The last quarter has a 50% surge in net profits and 30% in NII. The net profit reached Rs. 15,976.11 crores with a net interest income of Rs. 27,385.23 Crores. HDFC also records a growth in assets. The net NPA was Rs. 8,072.79 crores. The results are positive. It’s among the top banks that have cracked the hack to growth. Many have brought to stocks as well. Let us look at the current stock price of HDFC Bank as well.
HDFC Bank has a share price of Rs. 1,710.25. It increased by 0.31% on Friday. Apart from that, it has 1.85% growth in the past five days. December month shoes rise by 9.7%. If we talk about its yearly growth, it’s only 5.10%. However, the current month has shown more improvements. There are a lot of things that matter and decide the growth of a stock. HDFC has a market cap of Rs. 12.99 lakh Crores. We hope you get enough details about HDFC Bank quarter updates. We will provide the figures for the current quarter shortly.