Federal Bank Q2 Profit Surges 45% to Record ₹1,386 Cr

Federal Bank reported a record net profit of ₹1,386.09 crore for the quarter ended September 30, 2026 (Q2 FY27), marking a 45.10% year-on-year increase. This achievement was driven by strong core franchise performance, with net interest income growing 26.38% and fee income reaching an all-time high, up 32.86%. The bank also saw significant improvements in asset quality, with Gross NPA at 1.32% and Net NPA at 0.17%, both decadal lows. Total business crossed ₹6.4 lakh crore, and gross advances surpassed ₹3 lakh crore. The Cost-to-Income ratio improved to 52.08%, and return metrics like RoA and RoE showed substantial year-on-year expansion.