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.

HDFC Banks recent financial results have drawn significant interest. The bank reported a net profit of ₹16,736 crore for the October to December quarter, marking a 2% increase from ₹16,372 crore in the same period last year.

Total expenses rose 19.90 per cent at Rs 4,634.5 crore as compared to Rs 3,865.06 crore in the year-ago period

India's Tata Communications reported a 3.5% rise in its third-quarter profit on Wednesday, helped by steady demand for its data services.

The company’s revenue from operations stood at Rs 5,226 crore in Q3 FY25. It saw a strong rise from the Rs 4,340.4 crore revenue reported in Q3 FY24.

Revenue decreased by 4.99% YoY & profit decreased by 18.01% YoY, profit at ₹6.19 crore and revenue at ₹45.84 crore.

Consolidated revenue from operations stood at Rs 940.81 crore in the third quarter as compared to Rs 1,113.06 crore in the year-ago period, the company said in a regulatory filing.

India's benchmark indexes ended strongly on Wednesday, boosted by gains in HDFC Bank after its quarterly results, after having spent the day struggling due to worries about earnings moderation and U.S.

HDFC Bank on Wednesday clocked a slight increase in its net profit in the October-December quarter in the current 2024-25 fiscal year (FY25). The private lender clocked a profit of Rs 16,736 crore in the third quarter of FY25,

The bank saw both net profit and income on interest drop year-on-year during the third quarter of the financial year 2024-25.

The largest private bank in India, HDFC Bank Limited, announced its October to December quarter results on Wednesday, January 22. The institutional lender announced a 2.2% rise in net profit to ₹16,735.