HDFC Bank Limited (HDB), 2024 Q4 earnings digest

$HDB has released its Q3 FY2025 earnings report, showing a quarterly EPS miss of $0.49 and a revenue of $4.87B, down by 2.18% Y/Y. Significant highlights include a strong 16% growth in average deposits and a cautious credit deposit ratio normalization. Key categories: - **Valuation**: Costs are up by 7%, holding firm in a tough macro. - **Profitability**: NIMs remain stable amidst liquidity constraints. - **Financial Health**: Provisioning coverage is at 68%, showing solid risk management. Future growth looks cautiously optimistic, but risks in urban demand and liquidity persist.