HDFC & ICICI Bank Q1 Results Live Updates: Both stocks 3% away from record high levels
Published on 19/07/2025 10:51 AM
– Loan book growth outlook
– Management had earlier said that growth will be in-line with the system in FY26 and ahead of the system in FY27
– Commentary on NIMs
– Aims for Credit-Deposit Ratio to gradually go down to 85% to 90%
– Shares of HDFC Bank have gained 10% so far this year and are 3.5% away from their all-time high level of ₹2,027.
– On the other hand, ICICI Bank shares are up 11% so far this year and are also 3% away from their all-time high level of ₹1,471.
– Q1 is usually weak for Agri loans
– As a result, slippages for the lender may go up this quarter
– Credit costs expected to remain stable on a sequential basis at 0.5%
– Most of the 50 basis points rate cut is likely to be passed on and the remaining impact could be seen in the second quarter
– However, NIMs are likely to decline between 18 bps to 20 bps to 4.2% to 4.25% range
– Opex growth could be higher but treasury income may support Pre-Provisioning Operating Profit
– Advances growth seen 11.9% higher from last year and 2% from March quarter at ₹13.68 lakh crore
– Deposits growth seen 13.5% higher year-on-year to ₹16.19 lakh crore
– Net Interest Income growth seen at 7% to ₹20,923 crore with slowdown due to RBI rate cuts
– Net Interest Income seen 5% higher at ₹31,384 crore
– However, on a sequential basis, Net Interest Income is likely to decline by 2%
– Net profit may see a growth of 6% from last year to ₹17,067 crore, but sequential fall anticipated
– All numbers compared year-on-year and are as per a CNBC-TV18 poll
The board will be considering a bonus issue of shares for its shareholders. Alongside that, it will also be considering a special dividend.
This comes after HDFC Bank received ₹10,000 crore as part of its partial stake sale in its non-bank lending arm HDB Financial Services, during the latter’s IPO.
India’s two largest private lenders, HDFC Bank Ltd. and ICICI Bank Ltd. are set to report results later today.
While HDFC Bank has already shared some of its parameters in terms of business performance in its quarterly update, ICICI Bank will be sharing the same along with its numbers today.
Good Morning!
Welcome to CNBC-TV18’s live coverage of HDFC Bank and ICICI Bank’s quarterly results.
Two Nifty 50 heavyweights and India’s largest private lenders will be reporting results in a few hours from now.
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