Federal Bank Q3 PAT seen up 30% at Rs 186 cr

Federal Bank is expected to report a profit after tax of Rs 186 crore in the third quarter of FY12, a growth of 30% as compared to Rs 143 crore in the corresponding quarter of last fiscal.

January 23, 2012 / 12:08 IST

26 Aug, 2025 12:21

Volume

Todays L/H

Federal Bank is expected to report a profit after tax of Rs 186 crore in the third quarter of FY12, a growth of 30% as compared to Rs 143 crore in the corresponding quarter of last fiscal.

Net interest income is seen going up 9% to Rs 487 crore from Rs 447 crore year-on-year.

Expectations

-Expect loan growth at 26%

-Expect deposit growth at 34%

-NIMs likely to decline marginally due to lag impact of deposit re-pricing
>NIMs in Q2 were 3.77%

-Improving trends in slippages are expected to continue
>But slippages in large corporate segments need to be watched

first published: Jan 23, 2012 08:00 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347