Federal Bank standalone net profit rises 2400.88% in the March 2017 quarter

Total Operating Income rise 14.27% to Rs 2315.95 crore

Net profit of Federal Bank rose 2400.88% to Rs 256.59 crore in the quarter ended March 2017 as against Rs 10.26 crore during the previous quarter ended March 2016. Total Operating Income rose 14.27% to Rs 2315.95 crore in the quarter ended March 2017 as against Rs 2026.67 crore during the previous quarter ended March 2016.

For the full year,net profit rose 74.66% to Rs 830.79 crore in the year ended March 2017 as against Rs 475.65 crore during the previous year ended March 2016. Total Operating Income rose 11.99% to Rs 8677.39 crore in the year ended March 2017 as against Rs 7748.15 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Total Operating Income2315.952026.67 14 8677.397748.15 12 OPM %69.8654.78 -67.4166.49 - PBDT426.515.88 7154 1306.50719.65 82 PBT426.515.88 7154 1306.50719.65 82 NP256.5910.26 2401 830.79475.65 75

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