Bigul

FEDERAL BANK LTD. - 500469 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Allotment of equity shares on exercise of Stock Options pursuant to Employee Stock Opton Scheme
06-05-2024

Federal Bank Q4 Results Review - One-Time Cost Hurts Earnings; Strong Outlook For FY25: Axis Securities

Asset quality challenges in the higher-yielding segment could potentially impact our earnings estimates.
03-05-2024
Bigul

FEDERAL BANK LTD. - 500469 - Audio Recording Of Earnings Call

Audio Recording of Earnings Call
02-05-2024
Bigul

Q4FY24 Quarterly & FY24 Annual Result Announced for Federal Bank Ltd.

Federal Bank announced Q4FY24 & FY24 results: Financial Highlights: Total Business of the bank reached Rs 4,61,937.36 crore. Highest Ever NII, up by 14.97% to Rs 2,195.11 crore. Net Profit at Rs 906.30 crore. Operating Profit at Rs 1,110.35 crore ROA for Q4 stood at 1.22% and ROE stood at 12.75%. GNPA and NNPA at 2.13% and 0.60% respectively. Total Deposits increased by 18.35 %. Net advances increased from Rs 1,74,446.89 crore as on 31st March 2023 to Rs 2,09,403.34 crore on 31st March 2024. Retail Advances grew by 20.07% to reach Rs 67,435.34 crore. Business Banking advances grew by 21.13 % to reach Rs 17,072.58 crore Net worth of the Bank increased by 35.81%, from Rs 21,419.49 crore to Rs 29,089.41 crore, as on 31st March 2024. Capital Adequacy Ratio (CRAR) of the Bank, computed as per Basel III guidelines stood at 16.13% as at the end of the quarter. The Board of directors at its meeting held today has recommended a dividend of 60% per equity share having face value of Rs 2 for the year ended 31st March 2024. Shyam Srinivasan, Managing Director & CEO of the Bank said, “FY24 was yet another strong year which saw us set new benchmarks in our journey towards building the Most Admired Bank. With a 10% increase in our footprint, our branches now dot the map, across the length and breadth of India. The physical distribution is buttressed with significant investments in Technology and Digital capabilities, helping us serve clients in over 15,000 pin codes. We look forward to the year ahead with confidence and are focused on delivering many bespoke customer propositions that establishes the presence of "Brand Federal” as the First Choice for our valued customers " Result PDF
02-05-2024

Federal Bank Results Earnings Call for Q4FY24

Conference Call with Federal Bank Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
02-05-2024
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