Mumbai, India — HDFC Bank has reported robust financial results for the third quarter of the fiscal year 2024-25 (Q3 FY24), delivering strong performance across key metrics. The bank’s Q3 results were announced on Monday, surpassing analyst expectations and driving a positive movement in the bank’s stock price.
The HDFC Bank Q3 results for FY 2024-25 show a significant growth in net profit, marking a year-on-year increase of 18% compared to the same period last year. The net profit for the quarter stood at INR 9,200 crores, driven by a strong performance in the retail banking segment and steady growth in loan disbursements.
Key Highlights of HDFC Bank Q3 FY24:
- Net Profit: INR 9,200 crores, up 18% YoY
- Total Income: INR 45,500 crores, up 14% YoY
- NIM (Net Interest Margin): 4.2%, consistent with previous quarters
- Gross NPA Ratio: 1.3%, maintaining a healthy asset quality
- Capital Adequacy Ratio: 17.5%, well above regulatory requirements
The bank’s loan book continued to expand with a notable increase in personal loans and home loans, which remain key growth drivers. Additionally, HDFC Bank reported strong growth in its digital banking services, with a substantial rise in online transactions and mobile banking users.
Share Price Impact:
Following the announcement of the HDFC Bank Q3 results, the HDFC Bank share price saw an upward movement on the Bombay Stock Exchange (BSE). The stock jumped by 3.5% in early trading, closing the day at INR 1,600 per share, reflecting investor confidence in the bank’s sustained growth.
Outlook for HDFC Bank:
The bank’s management remains optimistic about its growth trajectory, citing strong demand in the retail segment and the successful integration of digital banking solutions. HDFC Bank also hinted at a potential rise in its loan portfolio in the coming quarters, supported by the economic recovery in key sectors.
When Are the Results Released?
HDFC Bank typically releases its financial results for each quarter on a scheduled date, and the HDFC Q3 results 2025 (for the next fiscal year) are expected to follow a similar pattern, with announcements made within the first two weeks of the month following the end of the quarter.
Shareholders and investors are advised to keep an eye on the official HDFC Bank results time for the next updates, which will be published on the bank’s official website and financial platforms.
