{"id":154961,"date":"2023-10-17T06:36:13","date_gmt":"2023-10-17T10:36:13","guid":{"rendered":"https:\/\/44.250.171.167\/?p=154961"},"modified":"2023-10-17T06:36:14","modified_gmt":"2023-10-17T10:36:14","slug":"federal-bank-ltd-q2fy24-35-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/federal-bank-ltd-q2fy24-35-rise-in-profits\/","title":{"rendered":"Federal Bank Ltd Q2FY24; 35% rise in Profits"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<p style=\"font-size:24px\"><strong>Financial Results:<\/strong><\/p>\n\n\n\n<p>Federal Bank Ltd reported Revenues for Q2FY24 of \u20b95,791.00 Crores up from \u20b94,259.00 Crore year on year, a rise of 35.97%.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b95,205.00 Crores up from \u20b93,890.00 Crores year on year, a rise of 33.8%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b91,007.00 Crores up 35.17% from \u20b9745.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b94.23, up 21.55% from \u20b93.48 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-26-839x1024.png\" alt=\"\" class=\"wp-image-154962\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-26-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-26-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-26-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-26-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-26.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/test-drive\/dashboard?utm_source=IN_WordPress&amp;utm_medium=IN_WordPress&amp;utm_campaign=IN_WordPress&amp;utm_id=IN_WordPress\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/ASAI-Product-2.gif\" alt=\"\" class=\"wp-image-154924\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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 \u20b95,791.00 Crores up from \u20b94,259.00 Crore year on year, [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":154962,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[151],"class_list":["post-154961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-banking"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-26.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":155528,"url":"https:\/\/alphastreet.com\/india\/city-union-bank-ltd-q2fy24-2-rise-in-profits\/","url_meta":{"origin":154961,"position":0},"title":"City Union Bank Ltd Q2FY24; 2% rise in Profits","author":"Divyansh_Kasana","date":"October 31, 2023","format":false,"excerpt":"City Union Bank Limited is a banking company. The Bank's segments include Treasury, Corporate and Wholesale Banking, Retail Banking and Other Banking Operations.(Source : Company Web-site ) Financial Results: City Union Bank Ltd reported Revenues for Q2FY24 of \u20b91,304.00 Crores up from \u20b91,181.00 Crore year on year, a rise of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-192.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-192.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-192.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-192.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-192.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-192.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155595,"url":"https:\/\/alphastreet.com\/india\/au-small-finance-bank-ltd-q2fy24-17-rise-in-profits\/","url_meta":{"origin":154961,"position":1},"title":"AU Small Finance Bank Ltd Q2FY24; 17% rise in Profits","author":"Divyansh_Kasana","date":"November 1, 2023","format":false,"excerpt":"AU Small Finance Bank Limited is engaged in providing a range of banking and financial services including retail banking, wholesale banking, treasury operations and other services. Financial Results: AU Small Finance Bank Ltd reported Revenues for Q2FY24 of \u20b92,531.00 Crores up from \u20b91,992.00 Crore year on year, a rise of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156285,"url":"https:\/\/alphastreet.com\/india\/karnataka-bank-ltd-q2fy24-20-fall-in-profits\/","url_meta":{"origin":154961,"position":2},"title":"Karnataka Bank Ltd Q2FY24; 20% fall in Profits","author":"Hardik Bhandare","date":"November 16, 2023","format":false,"excerpt":"Karnataka Bank is engaged in providing a wide range of banking & financial services involving retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business. 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The Bank is publicly held and provides a wide range of banking products and financial services to corporate and retail clients besides undertaking treasury operations. 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