MoneyWorks4Me

Federal Bank reports Profit after tax of Rs 3076.20 Mln, in the September 2020 quarter

16 Oct 2020 Evaluate
The revenue zoomed 7.18% to Rs. 34879.00 millions for the quarter ended September 2020 as compared to Rs. 32542.50 millions during the corresponding quarter last year.The Net Profit of the company registered a slight decline of -26.18% to Rs. 3076.20  millions from Rs. 4167.00 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202009 201909 % Var 202009 201909 % Var 202003 201903 % Var
Interest Earned 34879.00 32542.50 7.18 69320.50 64835.50 6.92 132107.50 114190.30 15.69
Other Income 5093.30 4209.20 21.00 9977.00 8124.40 22.80 19314.10 13510.20 42.96
Interest Expended 21080.50 21304.70 -1.05 42557.60 42056.00 1.19 85618.50 72426.80 18.21
Operating Expenses 8826.50 8826.50 6.87 17350.80 15888.30 9.20 33756.10 27642.70 22.12
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 5920.60 2517.70 135.16 9866.80 4438.10 122.32 11721.70 8558.50 36.96
Tax 1068.50 503.30 112.30 2438.40 2568.40 -5.06 4897.50 6633.60 -26.17
PAT 3076.20 4167.00 -26.18 7083.90 8009.10 -11.55 15427.80 12438.90 24.03
Equity 3989.30 3976.20 0.33 3989.30 3976.20 0.33 3985.30 3970.10 0.38
OPM 72.32 79.82 -9.39 27.97 23.16 20.77 80.20 80.13 0.08
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..