HDFC BANK Q3 RESULTS
![YES Bank shares surge 10% amid high volumes, remain unbeaten for third straight day](https://img.etimg.com/thumb/msid-111512928,width-100,height-75,resizemode-4/markets/stocks/news/yes-bank-shares-surge-10-amid-high-volumes-remain-unbeaten-for-third-straight-day.jpg)
YES Bank shares surge 10% amid high volumes, remain unbeaten for third straight day
The private lender announced a 15% increase in loans and advances for the first quarter of the 2024 fiscal year, ending in June. The company's loan portfolio reached Rs 2.29 lakh crore during this period, a significant rise from Rs 2 lakh crore in the same quarter of the previous year, according to a regulatory filing released on Tuesday.
![HDFC Bank shares fall 4% as Q1 update disappoints investors](https://img.etimg.com/thumb/msid-111502981,width-100,height-75,resizemode-4/markets/stocks/news/hdfc-bank-shares-fall-3-as-investors-disappointed-with-q1-update.jpg)
HDFC Bank shares fall 4% as Q1 update disappoints investors
HDFC Bank shares, previously rising due to potential MSCI weightage increase, fell over 4% on Friday to Rs 1,665.55 on BSE. This decline followed a sharp drop in CASA ratio in its June quarter update. Deposit growth was soft at 15.3% YoY (pro-forma), flat sequentially, with CASA declining 5% QoQ, lowering CASA ratio by 190 bps to 36%
![HDFC Bank gross advances jump 52.6% on-year in Q1 to Rs 24.8 lakh crore](https://img.etimg.com/thumb/msid-111493275,width-100,height-75,resizemode-4/industry/banking/finance/banking/hdfc-bank-gross-advances-jump-52-6-on-year-in-q1-to-rs-24-8-lakh-crore.jpg)
HDFC Bank gross advances jump 52.6% on-year in Q1 to Rs 24.8 lakh crore
HDFC Bank's gross advances increased by 52.6% year-on-year to ₹24.87 lakh crore in the quarter ending June 30, driven by its merger with HDFC Limited last July. Excluding the merger impact, advances grew by 14.9% from June 30, 2023, reaching ₹25.08 lakh crore by March 31, 2024.
![HDFC Bank Q1 Update: Advances soar 53% YoY to Rs 24.87 lakh cr; deposits jump 24%](https://img.etimg.com/thumb/msid-111491402,width-100,height-75,resizemode-4/markets/stocks/earnings/hdfc-bank-q1-update-advances-soar-53-yoy-to-rs-24-87-lakh-cr-deposits-jump-24.jpg)
HDFC Bank Q1 Update: Advances soar 53% YoY to Rs 24.87 lakh cr; deposits jump 24%
Excluding the impact of the HDFC merger with the bank on July 1, 2023, the bank's gross advances grew by 15% compared to the same period last year. During the first quarter, retail loans increased by approximately Rs 18,600 crore, and commercial and rural banking loans grew by around Rs 7,200 crore. However, corporate and other wholesale loans decreased by Rs 26,600 crore compared to the preceding March quarter.
![Election results boosted Indian markets, generated enthusiasm in the world, says PM Modi](https://img.etimg.com/thumb/msid-111464976,width-100,height-75,resizemode-4/markets/stocks/news/election-results-boosted-indian-markets-generated-enthusiasm-in-the-world-says-pm-modi.jpg)
Election results boosted Indian markets, generated enthusiasm in the world, says PM Modi
PM Modi stated that the 2024 general election results demonstrated that people had rejected propaganda and voted for performance. Modi has been elected as Prime Minister for the third time, a feat previously only achieved by Jawaharlal Nehru.
![YES Bank Q1 Update: Advances rise 15% YoY to Rs 2.29 lakh cr, deposits grow 21%](https://img.etimg.com/thumb/msid-111438153,width-100,height-75,resizemode-4/markets/stocks/earnings/yes-bank-q1-update-advances-rise-15-yoy-to-rs-2-29-lakh-cr-deposits-grow-21.jpg)
YES Bank Q1 Update: Advances rise 15% YoY to Rs 2.29 lakh cr, deposits grow 21%
The bank's credit-to-deposit ratio for the first quarter was 86.4%, down from 91.3% in the same quarter last year. During the April-June 2024 period, the liquidity coverage ratio improved to 137.8%.
- Go To Page 1
Karnataka Bank Q4 Results: Net profits dips 23% YoY to Rs 274 crore, dividend declared at Rs 5.5 per share
Its net interest margin, a key profitability metric, fell 57 basis points to 3.3% for the quarter as compared with 3.87% seen in the year-ago period. Net interest income was 3% lower at Rs 834 crore.
Dhanalaxmi Bank FY24 net profit up 8.4%
The share of low-cost deposits (current and savings accounts) was 30.6%. Net interest income stood at ₹458 crore and non-interest income at ₹152 crore for FY24.
Paytm Q4 Results: Loss widens to Rs 550 crore; revenue drops 3% YoY
Paytm Q4 Results: The fintech major's March quarter results were impacted by temporary disruptions on account of the UPI transition and permanent disruption because of the payments bank embargo. The company said Payment Bank's products like Paytm wallet and FASTag were distributed but due to the current embargo, it anticipates a steady state of an annualised direct impact on EBITDA to be around Rs 500 crore.
Bandhan Bank Q4 Results: Net profit slumps 93% YoY to Rs 55 crore
Sharply higher provisioning dragged Bandhan Bank's March quarter net profit down by 93% at Rs 55 crore against Rs 808 crore in the year-ago period.
Bandhan Bank Q4 Results: Lender posts PAT at Rs 55 crore on higher provisions; NII at Rs 5,189 crore
The fall in profit after tax (PAT) could be attributed to higher provisions reported in Q4FY24 at Rs 1,774 crore compared to Rs 735 crore in Q4 FY23.
Vodafone Idea Q4 Results: Net loss widens vs Q3; ARPU rise to Rs 146
Vodafone Idea’s net loss for the fiscal fourth quarter, FY24, widened sequentially to Rs 7,675 crore, dragged by high debt and even as it continued to lose subscribers.
Q4 results today: Zomato, Varun Beverages among 59 companies to announce earnings on Monday
59 companies, including Zomato and Varun Beverages, to reveal Q4 results for March 2024. Jindal Steel, Tube Investments, AB Capital also share earnings. Zomato expects 75% y-o-y revenue growth, 48% q-o-q net profit rise.
Bank of Baroda Q4 Results: PAT rises 2% YoY to Rs 4,886 crore; dividend declared at Rs 7.6/share
Bank of Baroda Q4 Results: The board also recommended a dividend of Rs 7.60 per equity share for FY2023-24
Capital Small Finance Bank Q4 Results: Lender reports net profit at Rs 28.2 crore
Capital Small Finance Bank on Thursday reported Rs 28.2 crore net profit for the March quarter against Rs 24.3 crore in the year-ago period, riding on lower provisions and contingencies.
Suryoday Small Finance Bank Q4 Results: Net profit soars 56% YoY to Rs 61 crore
The bank's net interest margin for the quarter was 10.1% against 10.4% in the same quarter last year, although it rose sequentially from 9.8%. Operating profit was 25.5% higher at Rs 128 crore against Rs 102 crore. Provisions and contingencies were a ltad lower at Rs 48 crore against Rs 51.5 crore.
Indian Overseas Bank Q4 Results: Net profit zooms 24% YoY to Rs 808 crore
Chennai-based Indian Overseas Bank reported a 24% increase in net profit for the quarter ended March 2024 on higher interest income. Net profit for the quarter was Rs 808 crore as against Rs 650 crore for the quarter ended 31st March 2023.
PNB Q4 results: Net profit surges 160% YoY to Rs 3,010 crore; NII rises 9%
Public sector lender Punjab National Bank (PNB) on Thursday reported a 160% year-on-year (YoY) surge in Q4 net profit at Rs 3,010 crore, while the net interest income (NII) rose to Rs 10,363 crore in the quarter, rising 9% YoY.
SBI Q4 Results: PAT jumps 24% YoY to Rs 20,698 crore, beats estimates
SBI Q4 Results: The Net interest income or NII for the January-March quarter stood at Rs 41,655 crore, up 3% YoY to over Rs 40,393 crore, while for FY24 the figure stood at Rs 1,59,876 crore, a 10% jump over the last financial year. The Board has also recommended a dividend of Rs 13.70/share. Interest earned during Q4 advanced 19% YoY to Rs 1,11,043 crore.
Q4 results today: SBI, Asian Paints among 69 companies to announce earnings
Q4 results today: On Thursday, State Bank of India (SBI), the foremost public sector lender in India, will be among the 69 companies set to unveil their financial results for the quarter ending March 2024. Investors will also keep a close eye on companies like Asian Paints, BPCL, and Indian Overseas Bank as they announce their results.
Canara Bank Q4 Results: Profit jumps 18% YoY to Rs 3,757 crore; NII rises 11%
Canara Bank Q4 Results: The company's Board has also recommended a dividend of Rs 16.10 per share, 161% of face value each, for the financial year 2023-24
IDBI Bank Q4 Results: PAT soars 44% YoY to 1,628 crore; NII rises 12%
IDBI Bank's gross NPA ratio improved to 4.53% as against 6.38% YoY while net NPA ratio also improved to 0.34% vs 0.92% YoY..The lender has announced a dividend of Rs 1.50 per share which will be will be paid on approval by shareholders at the ensuing Annual General Meeting (AGM) of the bank.
Yes Bank Q4 Earnings Today: Strong PAT growth likely even as NII may fall 3% YoY
Yes Bank Q4 Earnings Today: Estimates from three brokerages suggest that Yes Bank is poised to announce a net profit ranging from Rs 252 crore to Rs 427 crore for the quarter ended March 31, 2024. This forecast indicates a year-on-year (YoY) increase of 24% to 111% compared to the same quarter of the previous financial year, during which the lender recorded a profit after tax (PAT) of Rs 202 crore.
HDFC Bank Q4 profit grows 37% but falls short of estimate
HDFC Bank's Q4 net profit reached ₹16,510 crore, full-year at ₹60,810 crore, up 38%. Challenges post-merger affect expenses, asset quality, and loan mix strategy. Deposit mobilization efforts continue amid slow credit disbursements.
HDFC Bank Q4 Results: Profit jumps 37% YoY to Rs 16,512 crore, NII up 24.5%
HDFC Bank Q4 Results: HDFC Bank's profit rose 37.1% YoY to Rs 16,512 crore, with NII growing by 24.5% to Rs 29,077 crore. The bank declared a dividend of Rs 19.5 per share for FY24 and reported an improved GNPA at 1.24%.
Q4 results today: HDFC Bank among 8 companies to announce earnings
Q4 results today: HDFC Bank to release Q4 numbers today with expectations of strong growth. TCS exceeded estimates, Infosys faced challenges in Q4.
HDFC Bank Q4 Result Preview: Profit seen rising over 50% YoY; asset quality stable
HDFC Bank Q4 Result Preview: HDFC Bank is poised for strong Q1 2024 performance, driven by treasury income gains. Analysts see over 50% YoY profit surge and 22% YoY net interest income rise.
Q4 results this week: HDFC Bank, Infosys, Wipro among 61 companies that'll announce earnings
Q4 results: Apart from the IT majors Wipro and Infosys, leading financial companies HDFC Bank and Jio Financial will also report their quarterly earnings during the week.
Load More