Federal Bank today reported a 98% increase in net profit at Rs 203.89 crore for the third quarter ended December 31, 2008, as compared to Rs 102.92 crore for the same period a year ago.
According to a release issued to the Bombay Stock Exchange today, total income increased 42% to Rs 1,041.23 crore for the quarter ended December 31, 2008 from Rs 733.61 crore for the quarter ended December 31, 2007.