Biggest Pvt. Bank: HDFC Bank delivers superb Q3 results

HDFC Bank reported Q3 results on January 14, 2023.

HDFC Bank reported Total Income of Rs.51,207 crores rise 18.5% YoY. It was Rs.40,651 crores in Q3 last year.

[{"selector":"#anim-664bec9d-bb2f-4c91-b58e-daa5cf92f38d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ba67d701-5abf-4edf-bcdb-729e5e15c115","keyframes":[{"offset":0,"transform":"translate3d(0, -383.55558%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -107.85582909600001%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -36.667913448%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -13.769645322%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -5.983467048%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":1000,"fill":"both"}]

Bank reported Net profit of Rs.12,259 crores rise 18.5% YoY. It was Rs.10,605 crores in Q3 last year.

[{"selector":"#anim-24677ede-4982-4fa0-a4a0-d4940e8947e0","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-accbf273-81a0-4121-a7ae-87ce766b377b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Bank reported Operating profit Rs.19,024 up 13.4% YoY.

[{"selector":"#anim-ac56ec81-928d-479d-bb1d-fe39334bb710","keyframes":{"transform":["translate3d(107.90961%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-f0c11676-72fe-4304-b2d4-4f34d1795796","keyframes":{"transform":["rotateZ(180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] [{"selector":"#anim-7e26975d-d509-4e73-81b7-62a69ff71096 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.172520546912608%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

HDFC Bank reported Provisions of Rs.2,806 down 6.3% YoY.

[{"selector":"#anim-62d2e53c-3954-42c6-96f7-7a0b4144b88b","keyframes":{"transform":["translate3d(-108.47457%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-e5674f28-072b-4db5-ba72-ff19a4db849f","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] [{"selector":"#anim-a19fb384-78fd-4864-aebc-3e9538e9d955 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-23.966941990792744%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Know more

Gross NPA of 1.23% was unchanged QoQ and 1.26% YoY.

[{"selector":"#anim-7f0108c5-84e4-4c20-a21a-5fb94babdc13","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-71de21e7-a884-4728-89d7-1c399a7dc214 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Know more

Net NPA of 0.33% was unchanged QoQ and 0.37% YoY.

[{"selector":"#anim-49a45a0b-79cb-4428-a117-9deef578c707","keyframes":{"transform":["translate3d(107.90961%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-c256e6f0-d832-4c1e-a498-72449dc07296","keyframes":{"transform":["rotateZ(180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] [{"selector":"#anim-7a5c594e-9288-4824-aed5-6371f03ed0cc [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.233667133513382%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Know more

CASA deposits stood at 44% of total deposits as of December 31, 2022 grew by 12%.

[{"selector":"#anim-bb07f192-44f5-4f8b-92be-f775e53f60ea","keyframes":[{"offset":0,"transform":"translate3d(0, -393.56723%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -110.671105076%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -37.625027188000004%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -14.129063557%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -6.139648788%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":1000,"fill":"both"}] Know more

[{"selector":"#anim-9700a8f9-8333-4784-9cfa-1d4c0d25b1e3","keyframes":{"transform":["rotate(-540deg) scale(0.1)","none"],"opacity":[0,1]},"delay":0,"duration":1000,"fill":"both","iterations":1}] [{"selector":"#anim-eabfafdc-3893-4f6e-bff8-c2126d6f1f9d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(47.83903429916677%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Disclaimer: Views expressed in this content are strictly for educational purpose and do not provide any advice/tips on Investment or recommend any Buying or Selling any Stock. Admotag Finance neither take guarantee of profit nor stand responsible for any losses of any recipient. The recipient of this material should take their own professional advice before acting on this information. Know more