Federal Bank standalone net profit declines 43.49% in the March 2018 quarter

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Total Operating Income rise 10.02% to Rs 2547.97 crore
Net profit of Federal Bank declined 43.49% to Rs 144.99 crore in the quarter ended March 2018 as against Rs 256.59 crore during the previous quarter ended March 2017. Total Operating Income rose 10.02% to Rs 2547.97 crore in the quarter ended March 2018 as against Rs 2315.95 crore during the previous quarter ended March 2017.For the full year,net profit rose 5.78% to Rs 878.85 crore in the year ended March 2018 as against Rs 830.79 crore during the previous year ended March 2017. Total Operating Income rose 12.39% to Rs 9752.86 crore in the year ended March 2018 as against Rs 8677.39 crore during the previous year ended March 2017.
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First Published: May 10 2018 | 5:10 PM IST