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Federal Bank standalone net profit declines 26.18% in the September 2020 quarter

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Capital Market

Total Operating Income rise 7.18% to Rs 3487.90 crore

Net profit of Federal Bank declined 26.18% to Rs 307.62 crore in the quarter ended September 2020 as against Rs 416.70 crore during the previous quarter ended September 2019. Total Operating Income rose 7.18% to Rs 3487.90 crore in the quarter ended September 2020 as against Rs 3254.25 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Total Operating Income3487.903254.25 7 OPM %57.7266.88 -PBDT414.47467.03 -11 PBT414.47467.03 -11 NP307.62416.70 -26

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First Published: Oct 16 2020 | 1:46 PM IST

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