Federal Bank Q4 Results: Net profit surges 67% YoY to Rs 903 crore

May 5, 2023

During the quarter, the bank reported higher provisions and contingencies at Rs 116.66 crore versus Rs 75.24 crore in the corresponding quarter in the year-ago period. The return on assets (RoA) for Q4FY23 stood at 1.45% while return on equity (ROE) at 17.48%. The gross NPA and net NPA for the reporting quarter were down at 2.36% and 0.69%, the company filing said.

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