Federal Bank Results Update
Federal Bank reported a record net profit of ₹1,386.09 crore for Q2 FY27, up 45.10% YoY. Total business crossed ₹6 lakh crore with gross advances exceeding ₹3 lakh crore.
- Value
- ₹1,386 Cr
- new branches
- 12.0 branches
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Federal Bank reported a record net profit of ₹1,386.09 crore for Q2 FY27, up 45.10% YoY. Total business crossed ₹6 lakh crore with gross advances exceeding ₹3 lakh crore.
Federal Bank reported a Q1 net profit of ₹1,176.93 crore, up 36.57% YoY. The bank added 10 new branches, reaching a total of 1,650 outlets.
Federal Bank reported a record quarterly net profit of ₹1,259.10 crore for Q4 FY26, up 20.93% sequentially. Key milestones include NR and CASA deposits both crossing the ₹1 lakh crore mark. The bank also expanded its network by adding 39 new branches during the quarter while achieving record low GNPA and NNPA levels.