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saurabh mittal

17th Jan · SEBI-Registered Analyst

Federal Bank Ltd Profit and income growth

FEDERALBNK
Standalone PAT rose 9% YoY/9% QoQ to ₹1,041 crore (record high), consolidated PAT up 10.3% YoY to ₹1,094 crore; operating profit up 10.2% YoY to ₹1,729 crore. NII hit record ₹2,653 crore (up 9.1% YoY), NIM improved to 3.18% (+7 bps YoY); fee income record ₹896 crore (.up 19% YoY), other income up 20% to ₹1,100 crore

#StockInNews#FundamentalViews
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