Skip to main content

MoneyWorks4Me

Federal Bank reports Profit after tax of Rs 4778.10 Mln, in the March 2021 quarter

17 May 2021 Evaluate
The revenue declined to Rs. 33663.40 millions for the quarter ended March 2021 as compared to Rs. 33968.40 millions during the corresponding quarter last year.Profit after tax for the quarter ended March 2021 reported a huge growth of 58.62% to Rs. 4778.10  millions from Rs. 3012.30 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202103 202003 % Var 202103 202003 % Var 202103 202003 % Var
Interest Earned 33663.40 33968.40 -0.90 137579.10 132107.50 4.14 137579.10 132107.50 4.14
Other Income 4653.70 7111.10 -34.56 19449.10 19314.10 0.70 19449.10 19314.10 0.70
Interest Expended 19459.60 21808.30 -10.77 82242.00 85618.50 -3.94 82242.00 85618.50 -3.94
Operating Expenses 10006.60 10006.60 3.40 36917.20 33756.10 9.36 36917.20 33756.10 9.36
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 2423.30 5675.00 -57.30 16496.30 11721.70 40.73 16496.30 11721.70 40.73
Tax 1649.50 905.90 82.08 5469.70 4897.50 11.68 5469.70 4897.50 11.68
PAT 4778.10 3012.30 58.62 15903.00 15427.80 3.08 15903.00 15427.80 3.08
Equity 3992.30 3985.30 0.18 3992.30 3985.30 0.18 3992.30 3985.30 0.18
OPM 26.29 28.24 -6.90 27.53 24.26 13.47 27.53 24.26 13.47
Peers
Company Name CMP
HDFC Bank 685.00
ICICI Bank 1385.70
Axis Bank 1226.10
Kotak Mahindra Bank 457.00
Indusind Bank 868.40
View more..