January 22, 2025
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HDFC Bank Q3 Results 2025 Net profit rises 2% to Rs.16,736 crore
HDFC Bank, the largest private sector lender in India, announced its Q3 results today, January 22. HDFC Bank reported a marginal 2.2% year-on-year (YoY) rise in Q3FY25 net profit, while its net interest income (NII) growth was 8% YoY. Margins likely to remain stable QoQ with a slight positive bias. Asset quality of the bank weakened marginally in the December quarter as the Gross NPA increased. HDFC Bank share price gained after the announcement of Q3 results today.
Net interest income (NII) in Q3FY25 increased 8% to Rs.30,653 crore from Rs.28,472 crore, YoY.
Pre-provisions operating profit (PPOP) in Q3FY25 increased 5.72% to Rs.25,000.40 crore from Rs.23,647.30 crore, YoY.
HDFC Bank’s Gross NPA as a percentage of Goss Advances in the December quarter rose by 6 basis points (bps) to 1.42% from 1.36%, QoQ. NPA ratio increased 5 bps to 0.46% from 0.41%, QoQ.
Asset quality of HDFC Bank weakened marginally during the quarter ended December 2024. Gross non-performing assets (GNPA) in Q3FY25 increased 5.2% to Rs.36,018.6 crore from Rs.34,250.6 crore in the previous quarter.
Net NPA in December quarter rose 12.4% to Rs.11,587.5 crore from Rs.10,308.5 crore in the September quarter.
HDFC Bank share price rose after the announcement of Q3 results today. HDFC Bank shares gained as much as 1.49% to Rs.1,666.30 apiece on the BSE
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