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Federal Bank - Quaterly Results

28 Oct 2024 Evaluate
A fair growth of 20.57% in the revenue at Rs. 65772.80 millions was reported in the September 2024 quarter as compared to Rs. 54552.80 millions during year-ago period.A slim rise of 10.79% was recorded in the Net profit for the quarter ended September 2024 to Rs. 10566.90  millions  From Rs. 9538.20 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202409 202309 % Var 202409 202309 % Var 202403 202303 % Var
Interest Earned 65772.80 54552.80 20.57 129081.60 104798.10 23.17 221882.60 168036.30 32.04
Other Income 9639.50 7304.20 31.97 18791.30 14628.30 28.46 30792.70 23300.00 32.16
Interest Expended 42100.50 33988.60 23.87 82489.50 65048.00 26.81 138947.80 95714.70 45.17
Operating Expenses 17658.20 17658.20 20.75 34720.70 28110.40 23.52 61982.70 47677.70 30.00
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 1583.50 439.00 260.71 3026.20 1994.80 51.70 1961.00 7498.90 -73.85
Tax 3503.20 3267.30 7.22 6974.30 6197.60 12.53 12577.80 10339.10 21.65
PAT 10566.90 9538.20 10.79 20662.20 18075.60 14.31 37206.00 30105.90 23.58
Equity 4904.50 4703.20 4.28 4904.50 4703.20 4.28 4870.70 4232.40 15.08
OPM 23.80 24.28 -1.97 23.75 25.07 -5.23 23.32 28.53 -18.26
Peers
Company Name CMP
HDFC Bank 713.00
ICICI Bank 1345.00
Axis Bank 1238.05
Kotak Mahindra Bank 417.00
Indusind Bank 960.00
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