The Federal Bank · NSE: FEDERALBNK · BSE: 500469
Q3 FY24 results · Oct–Dec 2023
The Federal Bank reported revenue from operations of ₹6,085.20 crore (up 29.5% from Q3 FY23) and net profit of ₹1,063.24 crore (up 24.8% from Q3 FY23) for Q3 FY24 (Oct–Dec 2023), on a consolidated basis.
| Item | Q3 FY24 | Q3 FY23 | YoY | Q2 FY24 | QoQ |
|---|---|---|---|---|---|
| Interest earned | 6,085.20 | 4,697.50 | +29.5% | 5,791.28 | +5.1% |
| Other income | 908.35 | 565.08 | +60.7% | 756.92 | +20.0% |
| Total income | 6,993.55 | 5,262.58 | +32.9% | 6,548.20 | +6.8% |
| Profit before share of associates & JVs and tax | 1,419.81 | 1,134.18 | +25.2% | 1,342.71 | +5.7% |
| Share of profit/(loss) of associates & JVs | 4.03 | 3.75 | 6.54 | ||
| Net profit for the period | 1,063.24 | 852.28 | +24.8% | 1,000.16 | +6.3% |
| Attributable to shareholders of the company | 1,035.42 | 843.25 | +22.8% | 994.10 | +4.2% |
| EPS, basic (₹) | 4.28 | 3.99 | not comparable | 4.35 | −1.6% |
| Net margin (%) | 17.5 | 18.1 | 17.3 |
This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.
| Item | Q3 FY24 | Q3 FY23 | YoY | Q2 FY24 | QoQ |
|---|---|---|---|---|---|
| Interest earned | 5,730.10 | 4,433.25 | +29.3% | 5,455.28 | +5.0% |
| Other income | 862.56 | 534.00 | +61.5% | 730.42 | +18.1% |
| Total income | 6,592.66 | 4,967.25 | +32.7% | 6,185.70 | +6.6% |
| Profit before tax | 1,346.11 | 1,075.52 | +25.2% | 1,280.55 | +5.1% |
| Net profit for the period | 1,006.74 | 803.61 | +25.3% | 953.82 | +5.5% |
| EPS, basic (₹) | 4.16 | 3.80 | not comparable | 4.17 | −0.2% |
| Net margin (%) | 17.6 | 18.1 | 17.5 |
Consolidated
- Filed with BSE
- 17 Jan 2024, 09:28 IST
- Board meeting
- 16 Jan 2024
- Period
- 01 Oct 2023 to 31 Dec 2023
- Review status
- Unaudited
- Source
- XBRL filing on BSE
Standalone
- Filed with BSE
- 17 Jan 2024, 09:28 IST
- Board meeting
- 16 Jan 2024
- Period
- 01 Oct 2023 to 31 Dec 2023
- Review status
- Unaudited
- Source
- XBRL filing on BSE