MoneyWorks4Me

Federal Bank reports Profit after tax of Rs 8036.10 Mln, in the December 2022 quarter

16 Jan 2023 Evaluate
A decent increase of about 28.78% in the sales to Rs. 44332.50 millions was observed for the quarter ended December 2022. The sales figure stood at Rs. 34425.60 millions during the year-ago period.The Profit  for the quarter ended December 2022 of  Rs. 8036.10  millions  grew by 54.03% from Rs. 5217.30 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Interest Earned 44332.50 34425.60 28.78 120828.90 101775.20 18.72 136607.60 137579.10 -0.71
Other Income 5340.00 4841.90 10.29 15961.40 16241.00 -1.72 20890.90 19587.00 6.66
Interest Expended 24767.20 19036.60 30.10 67600.20 57407.70 17.75 76988.00 82242.00 -6.39
Operating Expenses 12163.20 12163.20 9.70 34591.90 31011.90 11.54 42932.00 36917.20 16.29
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 1986.90 2139.80 -7.15 6332.30 11465.40 -44.77 12217.70 16634.20 -26.55
Tax 2719.10 1785.80 52.26 7186.10 4638.40 54.93 6462.60 5469.70 18.15
PAT 8036.10 5217.30 54.03 21079.80 13492.80 56.23 18898.20 15903.00 18.83
Equity 4229.10 4204.10 0.59 4229.10 4204.10 0.59 4205.10 3992.30 5.33
OPM 28.74 26.56 8.22 28.63 29.08 -1.54 27.51 27.63 -0.42
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
View more..