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Federal Bank consolidated net profit rises 58.41% in the March 2021 quarter

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Capital Market

Total Operating Income decline 0.81% to Rs 3515.86 crore

Net profit of Federal Bank rose 58.41% to Rs 521.24 crore in the quarter ended March 2021 as against Rs 329.04 crore during the previous quarter ended March 2020. Total Operating Income declined 0.81% to Rs 3515.86 crore in the quarter ended March 2021 as against Rs 3544.48 crore during the previous quarter ended March 2020.

For the full year,net profit rose 5.32% to Rs 1664.33 crore in the year ended March 2021 as against Rs 1580.20 crore during the previous year ended March 2020. Total Operating Income rose 5.33% to Rs 14314.08 crore in the year ended March 2021 as against Rs 13590.39 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Total Operating Income3515.863544.48 -1 14314.0813590.39 5 OPM %62.4454.80 -60.6865.17 - PBDT672.75399.40 68 2208.562059.97 7 PBT672.75399.40 68 2208.562059.97 7 NP521.24329.04 58 1664.331580.20 5

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First Published: May 17 2021 | 1:44 PM IST

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