Other sales and services dip 25%, finance cost, tax expenses rise sharply
Loss in sale of investment shown under exceptional item heading resulted in loss
Firm points to continued price declines as a key reason
The total income increased 23% to Rs 58 cr
Company expects to gain from drop in cost of coal and improvement in efficiency
Company had reported a consolidated net profit of Rs 60.37 crore during the September-December quarter last fiscal
December quarter net up 6.6%, revenue 15.3%; revenue guidance raised
The company attributed the decline to lower working days and cash currency headwinds
Net interest income up 14.6%, Gross NPAs down from 1.96% to 1.91%
Gross NPAs remained constant at 1.91% of the total advances
Net profit of Federal Bank, DCB slip
Operating revenue grew double digit, helped by 5% price hike in FY15
Revenue up 11.7% in December quarter, profit rises 12.2%
Total income of the bank increased to Rs 477 crore during the third quarter of current fiscal
Total income of the lender came down to Rs 2,086 crore during the quarter
Total income of the lender increased to Rs 3,766.7 crore during the quarter under review
The Corporation chairman S K Roy handed over the valuation surplus to the Finance Minister
Income from dividend was Rs 135 crore during the quarter as compared to Rs 103 crore in the same period a year ago
Revenue also dipped 17 per cent to Rs 810 crore in the quarter ended September 30