HDFC Bank Q3: PAT may grow up to 20% YoY; margin, asset quality seen steady

Outlook on margin trajectory, asset quality in Agri/Unsecured book, and commentary around credit cards, traction in fee income, and the merger with HDFC will be the key monitorables, analysts said

HDFC Bank Q3 preview: HDFC Bank, India's largest private sector lender, is projected to report a steady earnings growth during the October-December quarter of the current financial year (Q3FY23), as loan growth moderated sequentially.

According to consensus estimates by Bloomberg, HDFC Bank may see around 14 per cent year-on-year (YoY)/11.6 per cent quarter-on-quarter (QoQ) growth in net profit at Rs 11,833 crore. NII increase, meanwhile, is seen at 16 per cent YoY/8 per cent QoQ at Rs 30,822 crore.

The lender is scheduled to report its Q3 results on Saturday, January 14.