The Federal Bank Limited was incorporated in 1931 as Travancore Federal Bank Limited. It provides retail and corporate banking, para banking activities such as debit card, third party product distribution etc., treasury and foreign exchange business.
Financial Results:
Federal Bank Ltd reported Revenues for Q2FY24 of ₹5,791.00 Crores up from ₹4,259.00 Crore year on year, a rise of 35.97%.
Total Expenses for Q2FY24 of ₹5,205.00 Crores up from ₹3,890.00 Crores year on year, a rise of 33.8%.
Consolidated Net Profit of ₹1,007.00 Crores up 35.17% from ₹745.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹4.23, up 21.55% from ₹3.48 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.