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Federal Bank - Quaterly Results

16 Oct 2023 Evaluate
The Sales for the quarter ended September 2023 of Rs. 54552.80 millions rose by 35.68% from Rs. 40207.80 millions.A comparatively good net profit growth of 35.54% to Rs. 9538.20 millions was reported for the quarter ended September 2023 compared to Rs. 7037.10 millions of previous same quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Interest Earned 54552.80 40207.80 35.68 104798.10 76496.40 37.00 168036.30 136607.60 23.01
Other Income 7304.20 6095.20 19.84 14628.30 10621.40 37.72 23300.00 20890.90 11.53
Interest Expended 33988.60 22589.50 50.46 65048.00 42833.00 51.86 95714.70 76988.00 24.32
Operating Expenses 14623.90 14623.90 26.16 28110.40 22428.70 25.33 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 439.00 2678.60 -83.61 1994.80 4345.40 -54.09 7498.90 12217.70 -38.62
Tax 3267.30 2406.70 35.76 6197.60 4467.00 38.74 10339.10 6462.60 59.98
PAT 9538.20 7037.10 35.54 18075.60 13043.70 38.58 30105.90 18898.20 59.31
Equity 4703.20 4219.10 11.47 4703.20 4219.10 11.47 4232.40 4205.10 0.65
OPM 24.28 30.15 -19.47 25.07 28.57 -12.27 28.53 27.51 3.72
Peers
Company Name CMP
HDFC Bank 682.30
ICICI Bank 1380.15
Axis Bank 1221.80
Kotak Mahindra Bank 455.15
Indusind Bank 859.10
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