Federal Bank: Net Profit Falls 5%, Asset Quality Improves

Federal Bank: Q2 Profit Climbs 11% to Rs 1,057 Cr; NII Rises 15%

Federal Bank reported a 5% decline in Q3 FY25 net profit to Rs 955 crore, impacted by tripled provisions at Rs 292 crore. Total income rose 38% YoY to Rs 7,725 crore, supported by higher interest income. Asset quality improved, with gross non-performing assets at 1.95% (down from 2.29% YoY) and net non-performing assets at 0.49%. Operating profit grew 8.5% YoY to Rs 1,559 crore.

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