HDFC Bank Q2 results announced
Several prominent businesses such as Tech Mahindra, HDFC Bank and Kotak Mahindra Bank are scheduled to report Q2 FY2025 results today, October 19. Investors are eagerly awaiting these reports. It provides insights into the financial well-being of successful companies across many industries.
Various important businesses Posting good bank profits, Indiamart, Dalmia Bharat, RBL Bank and UCO Bank are likely to part ways. Other names include Achyut Healthcare Integra Essentia NeutraPlus India and Multi Commodity Exchange of India. These results make for passive investors. Lightly consider whatever industry is happening this quarter…
Stock market movements
Indian lottery market rebounds after three-day check losses on Friday Banking and financial stocks were led by BSE Sensex, which rose 218 points (0.27%) to 81224.75, while NSE Nifty 50 closed up 104 points (0.42%) at 24854.05. Banking sector has momentum… with Axis Bank leading the way. went 575%, followed by other performers Wipro and Isis Bank.
What can we predict from HDFC Bank’s Q2 results?
With these announcements, HDFC Bank is in a strong position to maintain its green partnership with HDFC Ltd in maximizing Long Term Protection (NIM) for last year. This is because the bank focused on low-cost deposits after the merger.
In terms of profit value Analysts passed HDFC Bank’s profit bid at Rs 1,6,267 crore, which was (partially) higher than the conservative profit beat of 19%, compared with Gray family’s expected slight improvement in the bank’s asset quality. Gross non-performing assets (GNPA) are likely to decline. But locked-in provisions have developed reasonable discretionary fee guidelines.
HDFC bank’s Method in Q1
in the grey seat (q1 fy25) hdfc bank reported link inch nursing nii of ₹29837 crore a go 264% gain from run family. However despite a 35% increase in net profit year-on-year there was a 2% decline compared to the previous quarter. the trust loan-deposit ratio (ldr) is prospective to break further with a eye on constructing deposits over loans
Other banks to watch: rbl and kotak mahindra
rbl bank and kotak mahindra bank are besides set to job their q2 results immediately. These banks’ performance in the face of heightened competition and economic difficulties is being constantly monitored by investors.
Assembling in one place
Today is a busy day for investors as they examine the financial health of major players in the banking and healthcare technology industries, as 21 businesses are scheduled to disclose their Q2 results. HDFC Bank’s approach to post-combiner like the outcomes of several reputable banks RBL Bank and Kotak Mahindra are in charge.