Federal Bank reports 38% jump in Q4 net profit

Federal Bank has registered a growth of 38.38% in its net profit at Rs 237.63 crore for the fourth quarter ended March 31, 2012 as compared to Rs 171.72 crore for the same quarter in the previous year. Total income has increased by 32.09% at Rs 1639.57 crore for quarter under review as compared Rs 1241.21 crore for the quarter ended March 31, 2011

For the full year ended March 31, 2012, the bank has posted a rise of 32.314% in its net profit at Rs 776.79 crore for the year ended March 31, 2012 as compared to Rs 587.08 crore for the same period in the previous year. Total income has increased by 33.31% at Rs 6090.73 crore for year under review as compared to Rs 4568.84 crore for the period ended March 31, 2011.