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Federal Bank Profit Falls 5% to ₹955 Crore

The New Indian Express Bengaluru

|

January 28, 2025

PRIVATE sector lender Federal Bank on Monday reported a 5% decline in net profit at ₹955 crore for the third quarter of the current financial year.

- ENS ECONOMIC BUREAU @ New Delhi

The bank had earned a net profit of ₹1,007 crore in the same quarter a year ago. However, total income increased to ₹7,725 crore during the reporting quarter from Rs 5,593 crore in the same period a year ago, Federal Bank said in a regulatory filing.

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