New Delhi (Staff Correspondent): Federal Bank announced the Financial Results for the quarter ended 30th June 2025. The key highlights of the results are as follows:
➢ Strong Operating performance with Operating Profit at Rs 1,556.29 Cr
➢ Highest Ever Other Income at Rs.1,113 Cr up by 21.61% YoY.
➢ Net profit at Rs 861.75 Cr.
➢ Total Net Advances increased by 9.24% YoY
➢ Total Deposits increased by 8.03% YoY
➢ CASA grew at 12.01% YoY to Rs 87,236 Cr
➢ GNPA and NNPA at 1.91 % and 0.48 % respectively.
➢ CRAR stood at a healthy 16.03%.
➢ Provision Coverage Ratio stood at 74.41%.
KVS Manian, Managing Director & CEO of the Bank said: This quarter reaffirmed the strength of our diversified model. Even in a typically soft Q1, we saw momentum in key segments like commercial banking, credit cards, and gold loans. Our mid-yielding engines are firing well too. We delivered a strong operating performance, with improving productivity. Fee income hit a record high, and CASA ratios continued to improve steadily. On asset quality, while credit costs were elevated this quarter, they were largely driven by slippages in the Agri and MFI portfolios. Based on current trends, we expect these slippages to moderate and stabilise going forward, leading to a normalisation in credit costs. With macro tailwinds building and our strategic themes gaining traction, we’re confident of accelerating growth in the second half while staying disciplined on risk and profitability.
