Federal Bank shares jumped 4% after the bank reported robust Q2 FY25 financial results, showcasing strong performance and maintaining over ₹1,000 crore in net profit for the second consecutive quarter.
Key Financial Highlights (YoY)
- Net Profit: ₹1,056.69 crore, a 10.79% increase from ₹953.82 crore in Q2 FY24.
- Total Income: ₹7,541.23 crore, up 21.91% from the previous year’s ₹6,185.70 crore.
- Operating Profit: Reached a record high of ₹1,565.36 crore, up 18.19% YoY.
- Net Interest Income (NII): Gained 15.11%, standing at ₹2,367.23 crore.
- Total Business: ₹4,99,418.83 crore, reflecting a 17.32% YoY rise.
As of 9:16 am, Federal Bank shares were trading 4.55% higher at Rs 193.33 on the NSE.
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Federal Bank