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.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app