HDFC Bank Q3 Results Live Updates: Profit, NII meet expectations, marginal weakness in asset quality

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HomeMarket NewsHDFC Bank Q3 Results Live Updates: Profit, NII meet expectations, marginal weakness in asset quality

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By CNBCTV18.COM Jan 22, 2025 2:17 PM IST (Updated)

HDFC Bank Q3 Results Live Updates: HDFC Bank released its October-December quarter results on Wednesday, January 22. The bank reported a Net Interest Income (NII) growth of 8% from the same quarter last year. HDFC Bank reported its Net Interest Income of ₹30,653 crore, which in-line compared to the CNBC-TV18 poll of ₹30,668.9 crore. HDFC Bank's net profit increased 2% compared to the year-ago quarter to ₹16,736 crore. The profitability figure was marginally higher than expectations of ₹16,548 crore. Gross Non-Performing Assets (Gross NPA) during the quarter stood at 1.42% from 1.36% in the previous quarter, while Net NPAs stood at 0.46% from 0.4% in the previous quarter. Follow CNBC-TV18's live blog to get all the latest updates on HDFC Bank's Q3 earnings.

 Profit, NII meet expectations, marginal weakness in asset quality

HDFC Bank Ltd., India's largest private sector lender, released its October-December quarter results on Wednesday, January 22. The bank reported a Net Interest Income (NII) growth of 8% from the same quarter last year. HDFC Bank reported its Net Interest Income of ₹30,653 crore, which in-line compared to the CNBC-TV18 poll of ₹30,668.9 crore. HDFC Bank's net profit increased 2% compared to the year-ago quarter to ₹16,736 crore. The profitability figure was marginally higher than expectations of ₹16,548 crore. Gross Non-Performing Assets (Gross NPA) during the quarter stood at 1.42% from 1.36% in the previous quarter, while Net NPAs stood at 0.46% from 0.4% in the previous quarter. Follow CNBC-TV18's live blog to get all the latest updates on HDFC Bank's Q3 earnings.

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