Federal Bank shares dropped 5% to ₹180.44 in today’s trading session following the release of its Q3 FY25 results, which revealed a 5% YoY decline in net profit to ₹955 crore, compared to ₹1,007 crore in the year-ago period. Despite the decline in profit, total income surged 38% YoY to ₹7,725 crore, while interest income increased to ₹6,809 crore from ₹5,730 crore in the corresponding quarter last year.
The operating profit witnessed an 8.5% YoY growth to ₹1,559 crore. On the asset quality front, the gross NPA ratio improved to 1.95% from 2.29% a year ago, while net NPA dropped to 0.49% from 0.64% YoY. However, provisions excluding tax tripled to ₹292 crore during the quarter, weighing on profitability. The bank’s capital adequacy ratio rose slightly to 15.16% from 15.02% in Q3 FY24.
As of 9:27 AM, Federal Bank shares were trading 5.6% lower at ₹180.44 on the NSE, within a day range of ₹182.89 to ₹187.90. The stock has a year range of ₹139.65 to ₹217.00 and a market capitalization of ₹45,063 crore. The stock’s average trading volume stands at 8.47 million shares, and it offers a dividend yield of 0.65%.
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