Federal Bank Results

Hello sir I want to know the quarterly results of Federal Bank so please provide me the information about the same.

[Saksham]

The Federal Bank Limited is a major Indian commercial bank in the private sector, headquartered at Aluva, Kochi, Kerala. Federal Bank has 1251 branches spread across 24 states.

Federal Bank quarterly Results

Federal Bank’s shares fell 12 per cent to close at Rs 57 on the BSE exchange, at its September quarter results.

Net profit declined 32.8 per cent to Rs 161 crore, as compared to Rs 240 crore in the same quarter a year before.

Net interest income growth was almost flat at Rs 608 crore.

Provisions and contingencies jumped to Rs 87.3 crore from Rs 45.7 crore.

Other details of Bank

Products-Loans, Savings,

Revenue-Increase 69.4 billion (US$1.0 billion) (2014)

Stock price: FEDERALBNK (NSE) Rs. 56.90 -0.55 (-0.96%)

No. of branches-1251

No. of ATMs-1526

Net profit- Its balance-sheet stood at Rs 1.03 trillion as of end March 2014 and its net profit stood at Rs 1000 crore for the full fiscal year.

Headquarters: Kochi

CEO: Shyam Srinivasan

Founder: Kulangara Paulo Hormis