Federal Bank Ltd Q3FY25; 11% fall in Profits

Federal Bank Ltd Q3FY25; 11% fall 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 Q3FY25 of ₹7,265.00 Crores up from ₹6,085.00 Crore year on year, a rise of 19.39%.

Total Expenses for Q3FY25 of ₹6,919.00 Crores up from ₹5,574.00 Crores year on year, a rise of 24.13%.

Consolidated Net Profit of ₹951.00 Crores down 10.87% from ₹1,067.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.85, down 9.62% from ₹4.26 in the same quarter of the previous year.

Tags: Bank
Related Post
whatsapp
line