The Federal Bank has reported results for third quarter ended December 31, 2024 (Q3FY25).
The bank has reported 5.10% decline in its net profit at Rs 955.44 crore for Q3FY25 as compared to Rs 1006.74 crore for the same quarter in the previous year. However, total income of the bank increased by 17.17% at Rs 7724.90 crore for Q3FY25 as compared to Rs 6592.66 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 10.77% decline in its net profit at Rs 948.70 crore for the quarter ended December 31, 2024 as compared to Rs 1063.24 crore for the same quarter in the previous year. However, total income of the bank increased by 17.19% at Rs 8196.02 crore for Q3FY25 as compared to Rs 6993.55 crore for the corresponding quarter previous year.
