Federal Bank Posts Record ₹1,386 Crore Q2 Profit, Up 45%
What Happened
Federal Bank reported a record standalone net profit of ₹1,386.09 crore for Q2 FY27, up 45.1% from ₹955.26 crore a year earlier. Net interest income rose 26.4% to ₹3,153.4 crore, while fee income increased 31.9%. Gross advances crossed ₹3 lakh crore during the quarter ended September 30
Key Takeaways
The bank also reported stronger asset quality, with gross NPAs falling to 1.32% and net NPAs to 0.17%, which it said were decade lows. Its net interest margin improved to 3.32%.