Quarterly Updates2 Aug 2025, 04:01 pm
Federal Bank Rises to 6th Largest Private Bank, Powered by Strong Core Performance
AI Summary
Federal Bank announced its Q1 FY26 results, with a strong operating performance and improving productivity. The bank reported an operating profit of Rs 1,556.29 Cr, a net profit of Rs 861.75 Cr, and a total income of Rs 7,799.61 Cr, marking a growth of 8.58% YoY in total business. The bank's net interest income grew by 1.96% YoY, and the net interest margin stood at 2.94. The bank's gross NPA and net NPA stood at 1.91% and 0.48% respectively, with a provision coverage ratio of 74.41%.
Key Highlights
- Operating Profit at Rs 1,556.29 Cr
- Net profit at Rs 861.75 Cr
- Total Business grew by 8.58% YoY
- Net Interest Income grew by 1.96% YoY
- Gross NPA at 1.91% and Net NPA at 0.48%