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Aug 02, 2012, 12.18 PM IST
Private sector lender Federal Bank's net profit rose by 30.4% year-on-year to Rs 190.4 crore in the quarter ended June 2012.
Net interest income went up by 7% to Rs 491.6 crore from Rs 460 crore during the same period. However, gross non-performing assets (NPA) jumped by 25 basis points QoQ to 3.6% and net NPAs by 9 basis points to 0.62%. Even the provisions were increased to Rs 62.8 crore in first quarter of FY13 from Rs 15.5 crore in previous quarter. Capital adequacy ratio declined by 110 basis points to 15.5% versus 16.6% QoQ.
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