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Tuesday , 18 June 2019
Breaking News

Federal Bank Quarterly Net Profit at Rs. 334 Crores

New Delhi, 17th January 2019 : Federal Bank announced the Unaudited Financial Results for the quarter ended 31st December 2018. The major highlights of the results on a Y-o-Y basis are as follows:

Ø  Operating profit up by 26.08%

Ø  CASA records a growth of 23.62%

Ø  Advances grow by 24.61%

Ø  Core retail and corporate advances grow 31% each

Ø  Other income grows 51.14%

WORKING RESULTS AT A GLANCE

                    (Rs. in Crore)

Particulars Q3 Q3 % y-o-y growth
  2018-19 2017-18
Net Profit 333.63 260.01 é28.31%
Operating Profit 707.83 561.40   é26.08%
Net Interest Income 1077.29 950.00   é13.40%
Net Total Income 1422.84 1178.63   é20.72%

 

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