Wednesday, April 30, 2008

Results of HDFC

HDFC is to announce its Q4FY08 numbers. According to CNBC-TV18 estimates, its Q4 PAT seen up 31.98% from Rs 550.5 crore to Rs 725.96 crore.Operating Income seen up 47.47% from Rs 724.2 crore to Rs 1068 crore.
Q4 Expectations
26-27% growth expected in disbursements and 25%+ in loans Cut in lending rate on existing loans by 25bp to impact spread by 5 bps QoQ .Exceptional capital gains of Rs 200 cr from stake sale in HDFC General Insurance (26%) to Ergo.
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