India's HDFC Bank on Wednesday reported third-quarter profit largely in-line with analysts' estimates, helped by an increase in net interest income (NII). The country's biggest private lender posted a standalone net profit of 167.

On the bourses, HDFC Bank share price recovered sharply from the day's low after the announcement of Q3 results as the bottomline was better than Street estimates

HDFC Bank reported a 2.2 per cent year-on-year (YoY) rise in its standalone net profit to ₹16,735.50 crore for Q3FY25.

India's HDFC Bank on Wednesday reported third-quarter profit in-line with analysts' estimates, as core lending income rose.

Axis Securities expects HDFC Bank to report a 2.2 per cent year-on-year (YoY) rise in net profit at Rs 16,737 crore for the December quarter compared with Rs 16,373 crore in the same quarter last year.