India’s leading private sector bank HDFC Bank will release its fourth quarter numbers today along with a few other companies, closing what was a hectic week of corporate earnings.

The numbers were mixed for IT companies as TCS Q4 results beat the estimates, while Infosys struggled with softer FY25 and revenue miss.

Other companies which will announce their March quarter results on Saturday include Alok Industries, Sterling and Wilson, Bhansali Engineering, International Travel House, PVV Infra, Rollatainers, Ind Bank Housing, Beryl Drugs and NB Footwear.

The Board of International Travel House will also consider paying a dividend along with the Q4 results.

Here’s what to expect from HDFC Bank’s Q4

HDFC Bank is expected to show strong year-on-year growth in net profit for the quarter ended March 2024, boosted by massive gains from treasury income.The lender’s net profit is seen rising upwards of 50% year-on-year, according to the average of estimates given by five brokerages. Read full preview hereNet interest income, the difference between interest earned and interest expended, is likely to grow 22% year-on-year, as per an average of four brokerages.

Check HDFC Bank Q4 Results Live Updates Here.

Loan growth for the reporting March quarter is slower as focus shifts towards deposit mobilization. The traction for deposits is likely to remain healthy.

Motilal Oswal said the asset quality for the merged entity is expected to remain broadly stable. Further, guidance for business growth and earnings trajectory to be key monitorables.

Meanwhile, Axis Securities predicted that the margins are likely to remain stable sequentially. “Stable Opex ratios and support from stake sale to non-interest income are expected to keep PPOP growth healthy,” it said.

The lender reported a good set of numbers for the December quarter, with the net profit rising nearly 34% year-on-year (YoY) to Rs 16,372 crore. Net interest income rose 24% YoY to Rs 28,471 crore.

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