Federal Bank Q3 net profit at Rs 162.7 crore; Gross NPA stands at 3.15%

Total Income has decreased from Rs. 2090 crore for the quarter ended December 31, 2014 to Rs. 2086.1 crore for the quarter ended December 31, 2015.

Federal Bank has reported results for the quarter ended December 31, 2015:

The Bank has posted a net profit of Rs. 163 crore for the quarter ended December 31, 2015 as compared to Rs. 265 crore for the quarter ended December 31, 2014. Total Income has decreased from Rs. 2090 crore for the quarter ended December 31, 2014 to Rs. 2086.1 crore for the quarter ended December 31, 2015.

The bank reported Gross NPA stands at 3.15% vs 2.9% QoQ.