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Federal Bank Ltd Q2FY25; 11% rise in Profits

The Federal Bank Limited (‘the Bank’) 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..It is the second-largest bank and the largest private sector bank in Kerala

Financial Results:

Federal Bank Ltd reported Revenues for Q2FY25 of ₹7,006.00 Crores up from ₹5,791.00 Crore year on year, a rise of 20.98%.

Total Expenses for Q2FY25 of ₹6,542.00 Crores up from ₹5,205.00 Crores year on year, a rise of 25.69%.

Consolidated Net Profit of ₹1,115.00 Crores up 10.72% from ₹1,007.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.47, up 5.67% from ₹4.23 in the same quarter of the previous year.

 

Categories: AlphaGraphs
Tags: Bank
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