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Federal Bank reports Profit after tax of Rs 4602.60 Mln, in the September 2021 quarter

22 Oct 2021 Evaluate
The revenue for the September 2021 quarter is pegged at Rs. 33792.50 millions against Rs. 34879.00 millions recorded during the year-ago period.A good growth in profit of 49.62% reported to Rs. 4602.60  millions over Rs. 3076.20 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202109 202009 % Var 202109 202009 % Var 202103 202003 % Var
Interest Earned 33792.50 34879.00 -3.12 67349.60 69320.50 -2.84 137579.10 132107.50 4.14
Other Income 4443.60 4493.60 -1.11 10945.10 9377.30 16.72 19449.10 19314.10 0.70
Interest Expended 18998.30 21080.50 -9.88 38371.10 42557.60 -9.84 82242.00 85618.50 -3.94
Operating Expenses 10589.90 10589.90 19.98 19923.90 17350.80 14.83 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 2453.30 5320.90 -53.89 8871.60 9267.10 -4.27 16496.30 11721.70 40.73
Tax 1592.00 1068.50 48.99 2852.60 2438.40 16.99 5469.70 4897.50 11.68
PAT 4602.60 3076.20 49.62 8275.50 7083.90 16.82 15903.00 15427.80 3.08
Equity 4203.00 3989.30 5.36 4203.00 3989.30 5.36 3992.30 3985.30 0.18
OPM 25.59 27.14 -5.70 29.70 27.11 9.56 27.53 24.26 13.47
Peers
Company Name CMP
HDFC Bank 692.60
ICICI Bank 1354.00
Axis Bank 1247.00
Kotak Mahindra Bank 438.70
Indusind Bank 865.40
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