HDFC Bank reports a standalone net profit of Rs 16,735 crore for the quarter ended Dec 2024, up 2.2% from the previous year, despite a slight decline from the preceding quarter. Margins remain stable,

HDFC Bank Q3 results: The largest private bank in India, HDFC Bank Limited, announced its October to December quarter results on Wednesday, January 22. The institutional lender announced a 2.2% rise in net profit to ₹ 16,735.5 crore in the third quarter of the financial year 2024-25, compared to ₹ 16,372 crore in the previous year.

General insurance firm Go digit on Wednesday reported a nearly three-fold rise in its net profit at Rs 119 crore in the three months ended December 2024.

Largest private sector lender HDFC Bank on Wednesday reported a marginal 2 per cent rise in its standalone net profit to Rs 16,736 crore for the third quarter ended December 2024

Total income grew 4.14 per cent to Rs 5,826 crore, up from Rs 5,594 crore in Q3 FY24. The earnings before interest, tax, depreciation, and amortisation (Ebitda) stood at Rs 1,181 crore, increasing by 4.1 per cent compared to Rs 1,134 crore in the year-ago quarter.

Results: HDFC Bank, India's largest private lender, reported a 2.2% YoY growth in its December quarter standalone net profit to Rs 16,736 crore, slightly below ET NOW poll estimates. Net interest income grew 8% YoY,

Axis Securities expects HDFC Bank to report a 2.2 per cent year-on-year (YoY) rise in net profit at Rs 16,737 crore for the December quarter compared with Rs 16,373 crore in the same quarter last year.