Federal Bank reported a 14.6% YoY drop in Q1 profit to Rs 861.75 crore, despite record other income and stable asset quality.

Profit for the quarter declined 14.6 per cent YoY due to a slowdown in loan growth, compression in margins and higher ...

Federal Bank reported a net profit of Rs 861.75 crore, a 14.6% YoY decrease, despite a 2% rise in net interest income to Rs 2 ...

Among the notable gainers in the pack were Delhivery Ltd., MCX, LIC Housing Finance Ltd. and GR Infraprojects Ltd.

In Q1FY25, the bank had posted a net profit of ₹1,010 crore. Sequentially, profit declined 16 per cent from ₹1,030 crore ...

Going forward, the bank expects the gold loan book to rise 25-30% and the busy season to ensure corporate exposure to grow by ...

The private sector lender reported a credit growth of 9 per cent, but the narrowing of NIM to 2.94 per cent from the year-ago ...

Federal Bank’s net profit declined by 15 per cent to Rs 862 crore in the June quarter as a compression in margins impacted ...

Federal Bank, ABB India, Sarda Energy and Minerals, Finolex Industries and Medplus Health Services are some of the major ...

Federal Bank's Q1 net profit fell 15% to Rs 862 crore due to lower core income and higher NPAs. NIM compression and MFI ...