app-store-icon play-store-icon
Earnings Review: Federal Bk PAT up 18% YoY yr on rise in total income

Real-Time MoneyWire is available only to registered users. This is best for professional traders and people who track markets actively.Real-Time MoneyWire is available only to registered users. This is best for professional traders and people who track markets actively.

Please register for a 30-day free trial. Click here
Earnings Review

Federal Bk PAT up 18% YoY yr on rise in total income

This story was originally published at 18:14 IST on July 24, 2024  Back
Register to read our real-time news.


Federal Bank today reported a net profit of 10.10 bln rupees for the quarter ended June, up 18.3% on year, supported by a surge in total income. This is the highest quarterly net profit recorded by the bank. The net profit of the private bank was higher than the Stree estimate of 9.58 bln rupees. Compared to the previous quarter, the net profit rose 11.4%.

To read our premium stories please subscribe.