Federal Bank Q3 net up 23%

Federal Bank today reported a 22.51% growth in net profit at Rs 102.92 crore for the quarter ended December 31, 2007 as against Rs 83.84 crore  reported in Q3FY07.

In a release to the Bombay Stock Exchange, the bank informed that its total income had increased from Rs 498.57 crore for the quarter ended December 31, 2006 to Rs 733.61 crore for the quarter ended December 31, 2007.