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HDFC to report Q4 nos today; here's what leading brokerages expect

Analysts see the net profit declining anywhere between 30 per cent and 70 per cent year-on-year (YoY) coupled with elevated asset quality concerns during the period under review

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It must be noted that HDFC’s net profit cannot be compared on a sequential basis

4 min read Last Updated : May 25 2020 | 6:15 AM IST

HDFC Ltd is slated to report its March quarter earnings on Monday, May 25. Analysts see the net profit declining anywhere between 30 per cent and 70 per cent year-on-year (YoY) coupled with elevated asset quality concerns during the period under review. They, however, expect the housing financier to set aside lesser funds as provisions, taking comfort from higher provisioning created in the December quarter of the current fiscal (Q3FY20).

The NBFC will also consider raising funds via non-convertible debentures (NCDs) or any other hybrid instrument during the same board meeting.

In the year ago quarter, HDFC had reported a

Topics : HDFC Q4 HDFC Q4 earnings Q4 Results

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