Federal Bank Ltd Q1 FY27 profit rose 36.6%

$FEDERALBNK Net profit reached a record underlying quarterly level of ₹1,176.93 crore for the quarter ended June 30, 2026. Net interest income increased 26.1% year-on-year to ₹2,946 crore. Federal Bank reported net NPA at a decadal low, while credit cost was 41 basis points in Q1 FY27. The bank also reported ₹154 crore of recoveries and upgrades during the quarter.