Federal Bank Q3 net jumps 41% at Rs 202 cr

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 2:56 AM IST

Private sector Federal Bank today reported a 41% rise in net profit to Rs 201.87 crore for the third quarter ended December 31, 2011.

The bank had posted a net profit of Rs 143.10 crore for the corresponding quarter last fiscal, Federal Bank said in a filing to the Bombay Stock Exchange (BSE).

Total income of the lender rose to Rs 1,604.76 crore during the October-December quarter from Rs 1,143.57 crore in the same period last year.

During the first nine months of 2011-12, the bank's net net profit rose by 30% to Rs 539.19 crore from Rs 415.36 crore in the same period a year ago.

The bank has reported a total income of Rs 4,451.16 crore in the first three quarters this fiscal, compared to Rs 3,327.63 crore in the same period last financial year.

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First Published: Jan 23 2012 | 6:39 PM IST

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