HDFC Bank Ltd's Q3FY25 Quarter Results
- 1d ago
Result Summary
- HDFC Bank Ltd reported a 7.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 2.5%.
- Its expenses for the quarter were down by 10.6% QoQ and 5.5% YoY.
- The net profit decreased 1.5% QoQ and increased 3.5% YoY.
- The earnings per share (EPS) of HDFC Bank Ltd stood at 23 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 112193.94 | 121456.74 | 115015.51 | -7.6% | -2.5% |
Total Expenses | 84263.78 | 94219.45 | 89168.50 | -10.6% | -5.5% |
Provisions & contingencies | 3957.29 | 3268.87 | 4603.90 | 21.1% | -14.0% |
Profit Before Tax | 23972.87 | 23968.42 | 21243.11 | 0.0% | 12.9% |
Tax | 5632.76 | 5340.98 | 3525.11 | 5.5% | 59.8% |
Profit After Tax | 18340.11 | 18627.44 | 17718.00 | -1.5% | 3.5% |
Earnings Per Share | 23.00 | 23.30 | 22.60 | -1.3% | 1.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
HDFC Bank Ltd is one of India's leading banking and financial service providers, with a robust presence in the banking industry. The bank offers a wide range of products and services, including retail banking, wholesale banking, and treasury services. It caters to various customer segments, including personal, corporate, and non-resident Indians. HDFC Bank is well-regarded for its strong emphasis on customer service, innovation, and operational efficiency. While specific recent developments are not available in the data provided, the bank is known for regularly expanding its offerings and digital banking solutions to meet evolving market demands.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), HDFC Bank Ltd reported a total income of ₹112193.94 crores. This represents a decrease of 7.6% compared to ₹121456.74 crores in the previous quarter (Q2FY25) and a 2.5% decrease from ₹115015.51 crores in the same quarter of the previous fiscal year (Q3FY24). The decline in total income both quarter-over-quarter (QoQ) and year-over-year (YoY) suggests a contraction in revenue streams during this period. However, it is important to note that these figures solely reflect the changes in total income as reported, without making any assumptions about the underlying causes.
Profitability
HDFC Bank Ltd's profitability metrics for Q3FY25 highlight a stable performance in terms of profit before tax (PBT), which stood at ₹23972.87 crores, almost unchanged from the previous quarter's figure of ₹23968.42 crores. This marks a 12.9% increase compared to the ₹21243.11 crores recorded in Q3FY24. The profit after tax (PAT) for the current quarter was ₹18340.11 crores, showing a slight decrease of 1.5% from ₹18627.44 crores in Q2FY25, but a 3.5% increase from ₹17718.00 crores in the same quarter last year. The tax expense for the quarter increased by 5.5% QoQ and 59.8% YoY, impacting the net profitability figures.
Operating Metrics
The earnings per share (EPS) for HDFC Bank Ltd in Q3FY25 were ₹23.00, reflecting a marginal decline of 1.3% from ₹23.30 in the previous quarter and a 1.8% increase from ₹22.60 in Q3FY24. Total expenses for the quarter amounted to ₹84263.78 crores, which represents a 10.6% drop compared to Q2FY25 and a 5.5% decrease from the previous year. Provisions and contingencies rose to ₹3957.29 crores, marking a 21.1% increase from the prior quarter, though they decreased by 14.0% YoY. These metrics capture the bank's operational cost management and provisioning strategies during this period.
