Federal Bank Q2 net up 28.25% at Rs 69.5cr

Published on Mon, Oct 23, 2006 at 16:57 |  Source : Moneycontrol.com

Updated at Thu, Oct 26, 2006 at 14:09  

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Federal Bank has announced its second quarter results. The company's net profit was up 28.25% at Rs 69.5 crore (Rs 695 million) in the second quarter versus Rs 54.2 crore (Rs 542 million) in the same period of last year.

Its NII rose 25% at Rs 167.47 crore (Rs 1.67 billion) from Rs 134 crore (Rs 1.34 billion).

The operating income was up 36.6% at Rs 139 crore (Rs 1.39 billion) versus Rs 101.76 crore (Rs 1.01 billion).

  

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