Thursday, 20 April 2017

HDFC Bank to report 15% profit growth in Q4 earnings; here’s what to watch out for

Private lender HDFC BankBSE 1.03 % is likely to report over 15 percent growth in net profit and operating profit before provisions and contingencies with stable asset quality in March quarter earnings on Friday. Brokerage Edelweiss Securities believes HDFC Bank may report 15.30 percent year-on-year (YoY) rise in net profit at Rs 3889.40 crore in Q4FY17 compared to Rs 3,374.20 crore reported for the same quarter last year.

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