Federal Bank Ltd Q4FY24; 0% 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 Q4FY24 of ₹5,978.00 Crores up from ₹4,721.00 Crore year on year, a rise of 26.63%.

Total Expenses for Q4FY24 of ₹5,527.00 Crores up from ₹4,236.00 Crores year on year, a rise of 30.48%.

Consolidated Net Profit of ₹906.00 Crores up 0.33% from ₹903.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.72, down 12.88% from ₹4.27 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.