HDFC Bank Q4 results

2024 - 4 - 20

HDFC Bank Shines in Q4: Profit Soars, NII Surges, and Dividends Declared

Banking Sector - Financial Results - HDFC Bank - Q4 Earnings

HDFC Bank's Q4 results are in, and the numbers are impressive! Dive into the highlights and key points here.

HDFC Bank had an impressive performance in the Q4 results for the financial year 2024. The bank reported a significant jump in net profit, reaching a staggering Rs 16,512 crore, marking a 37% increase from the previous year. The Net Interest Income (NII) also saw a substantial boost, rising by 24.5%. HDFC Bank's total deposits stood at Rs 23.79 lakh crore, while advances were at Rs 25.07 lakh crore during the quarter, showcasing robust financial health.

Additionally, HDFC Bank declared a dividend of Rs 19.5 per share for its shareholders, further bolstering investor confidence in the bank's performance. The bank's consolidated net profit on a YoY basis surged by nearly 40%, reaching Rs 17,622.38 crore, underscoring its strong position in the market.

On the flip side, despite the overall positive results, there were fluctuations in the net profit on a consolidated basis, which saw a slight increase of 0.84% sequentially due to lower core income growth and increased provisions. However, the bank remains resilient amidst these challenges, showcasing steady growth and stability.

In conclusion, HDFC Bank's Q4 results for FY24 reflect its robust financial performance, highlighting significant growth in profits and NII. The bank's strategic decisions and strong market position continue to solidify its standing as a leading player in the banking sector, driving investor confidence and setting a positive trajectory for future growth.

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Image courtesy of "Livemint"

HDFC Bank Q4 Earnings 2024 Highlights: Net profit at ₹16512 ... (Livemint)

HDFC Bank Q4FY24 Earnings Highlights: HDFC Bank, the NIFTY50 heavyweight, and India's largest private sector bank reported a profit after tax (PAT) at ...

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Image courtesy of "Business Standard"

HDFC Bank Q4 results: Profit jumps 37% to Rs 16512 crore, NII up ... (Business Standard)

HDFC Bank Q4 result: Boosted by trading gains and robust credit performance, HDFC Bank's net interest income rose 24.5% in the March quarter, ...

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Image courtesy of "Moneycontrol.com"

HDFC Bank Q4 results: Key highlights from the earnings report (Moneycontrol.com)

Total deposits of the lender stood at Rs 23.79 lakh crore, compared to advances of Rs 25.07 lakh crore during the quarter ended March 31, 2024.

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Image courtesy of "The Economic Times"

HDFC Bank Q4 Results: Profit jumps 37% YoY to Rs 16512 crore ... (The Economic Times)

HDFC Bank Q4 Results: HDFC Bank's profit rose 37.1% YoY to Rs 16512 crore, with NII growing by 24.5% to Rs 29077 crore. The bank declared a dividend of Rs ...

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Image courtesy of "NDTV India"

HDFC Bank Q4 Results: अनुमान से कम रहा मुनाफा, नेट NPA बढ़ा (NDTV India)

इस बीच HDFC बैंक ने FY24 के लिए अपने शेयर धारकों को 19.5 रुपये/शेयर के डिविडेंड की घोषणा का ऐलान किया है.

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Image courtesy of "अमर उजाला"

HDFC Bank Q4 Results: एचडीएफसी बैंक का शुद्ध मुनाफा 34% बढ़ा, ब्याज ... (अमर उजाला)

HDFC Bank Q4 Results: एचडीएफसी बैंक का शुद्ध मुनाफा 34% बढ़ा, ब्याज से होने वाली आमदनी में 24.5% का इजाफा.

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Image courtesy of "Business Today"

HDFC Bank Q4 net profit jumps 37% YoY to Rs 16511 cr, declares ... (Business Today)

On a consolidated basis, HDFC Bank's net profit stood at Rs 17622.38 crore, up 39.92 percent as against Rs 12634.01 crore in the quarter ended March 31, ...

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Image courtesy of "मनी कंट्रोल"

HDFC Bank Q4 Results: शुद्ध मुनाफा 40% बढ़कर 176.2 अरब, रेवेन्यू में ... (मनी कंट्रोल)

HDFC Bank Q4 Results: वित्त वर्ष 2024 के दौरान बैंक का कंसोलिडेटेड शुद्ध मुनाफा सालाना आधार पर 39.3 प्रतिशत बढ़कर 640.6 अरब रुपये रहा।

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Image courtesy of "NDTV Profit"

HDFC Bank Q4 Results: Net Profit Flat, Provisions Surge Three Times (NDTV Profit)

HDFC Bank Ltd. saw its net profit rise 0.84% sequentially on lower core income growth and higher provisions. Net profit for the quarter stood at Rs 16512 ...

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Image courtesy of "News18"

HDFC Bank Q4 Results: Net Profit Jumps 37% YoY To Rs 16511 ... (News18)

HDFC Bank reports 37.05 per cent jump in its standalone net profit to Rs 16511.85 crore for January-March 2024.

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Image courtesy of "Moneycontrol.com"

HDFC Bank Q4 Results: Net profit rises to Rs 16511 crore, NII at Rs ... (Moneycontrol.com)

Net profit is in line with analyst estimates of Rs 16576 crore. The bank's board proposed a dividend of Rs 19.5 per share for the year.

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Image courtesy of "CNBCTV18"

HDFC Bank Q4 results: Net profit remains flat, lender announces ... (CNBCTV18)

HDFC Bank Q4 results: Year-on-year numbers are not comparable as the bank concluded its mega merger with Housing Development Finance Corporation on July 1, ...

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Image courtesy of "The Economic Times"

hdfc bank shares: HDFC Bank Q4 profit grows 37% but falls short of ... (The Economic Times)

HDFC Bank's Q4 net profit reached ₹16510 crore, full-year at ₹60810 crore, up 38%. Challenges post-merger affect expenses, asset quality, ...

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Image courtesy of "NDTV Profit"

HDFC Bank Q4 Results Review - Inline Numbers With Focus On ... (NDTV Profit)

HDFCB Bank Ltd. reported earnings of Rs 165 billion (+1% QoQ, +37% YoY), inline with estimates. Factoring the provisional update on headline numbers ...

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HDFC Bank share price: Should you buy, sell or hold post Q4 results ... (Livemint)

HDFC Bank posted a net profit of ₹16511 crore in the fourth quarter of FY24, registering a growth of 0.84% from ₹16373 crore in the previous quarter.

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Image courtesy of "NDTV Profit"

HDFC Bank Q4 Results Review: Floating Provisions Not To Impact ... (NDTV Profit)

HDFC Bank Ltd.'s voluntary floating provisions made in this quarter may not have an impact on asset quality, according to analysts.

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Image courtesy of "Zee Business"

HDFC Bank pares opening gains post Q4 earnings; brokerages ... (Zee Business)

For the January-March quarter, the lender reported a standalone net profit of Rs 16500 crore versus Rs 16400 crore as reported in the December quarter.

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Image courtesy of "Business Today"

HDFC Bank shares trade at discount to ICICI Bank. Should you buy ... (Business Today)

HDFC Bank stock price: Nuvama suggested a target of Rs 1760. While it sees long-term franchise value, it believes the short-term price performance would be ...

hdfc bank share price: HDFC Bank Q4 results fail to move the ... (The Economic Times)

HDFC Bank shares were trading 1% lower at Rs 1514 on BSE this morning after the lender delivered a healthy quarter, with NIMs improving 4 bps QoQ.

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Image courtesy of "Business Standard"

Investment strategy alert: HDFC Bank Q4 performance and future ... (Business Standard)

HDFC Bank share price news : On April 20, HDFC Bank reported net profit of Rs 16512 crore, up 37 per cent year-on-year, but barely 1 per cent ...

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Image courtesy of "Elets"

HDFC Bank Q4 results: Net profit surges 37% to Rs 16512 crore ... (Elets)

HDFC Bank, a leading private sector lender, has announced robust financial results for the fourth quarter ending March 31, 2024.

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