MoneyWorks4Me

Federal Bank - Quaterly Results

13 Jul 2023 Evaluate
The sales figure stood at Rs. 50245.30 millions for the June 2023 quarter. The mentioned figure indicates a growth of about 38.46% as compared to Rs. 36288.60 millions during the year-ago period.Net Profit recorded in the quarter ended June 2023 rise to 42.13% to Rs. 8537.40  millions  compared to R. 6006.60 millions in corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Interest Earned 50245.30 36288.60 38.46 50245.30 36288.60 38.46 168036.30 136607.60 23.01
Other Income 7324.10 4526.20 61.82 7324.10 4526.20 61.82 23300.00 20890.90 11.53
Interest Expended 31059.40 20243.50 53.43 31059.40 20243.50 53.43 95714.70 76988.00 24.32
Operating Expenses 13486.50 13486.50 24.44 13486.50 10837.60 24.44 47677.70 42932.00 11.05
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 1555.80 1666.80 -6.66 1555.80 1666.80 -6.66 7498.90 12217.70 -38.62
Tax 2930.30 2060.30 42.23 2930.30 2060.30 42.23 10339.10 6462.60 59.98
PAT 8537.40 6006.60 42.13 8537.40 6006.60 42.13 30105.90 18898.20 59.31
Equity 4236.00 4207.00 0.69 4236.00 4207.00 0.69 4232.40 4205.10 0.65
OPM 25.92 26.82 -3.37 25.92 26.82 -3.37 28.53 27.51 3.72
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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