The bank's net profit stood at Rs 220.23 crore in the same quarter of the previous fiscal.
Total income of the bank increased to Rs 2,107.09 crore during the quarter under review, from Rs 1,928.04 crore in the year-ago period, Federal Bank said in a BSE filing.
Provisioning towards bad loans and contingencies were raised substantially to Rs 153.10 crore during the quarter as against Rs 22.08 crore set during the same period, a year ago.
The bank's gross non-performing assets (NPAs) or bad loans rose to 2.59 per cent of gross advances during the quarter as against 2.22 per cent in the same period of the previous fiscal.
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