Federal Bank Q3 Results: Profit jumps 54% YoY at Rs 804 crore; net interest margin at record high

The net interest income of the bank for the quarter ended December 31, 2022, grew by 27.14% to Rs 1,956 crore from Rs 1,539 crore for the third quarter of FY23. Other income of the firm grew by 10.29% to Rs 534 crore in the quarter ended December from Rs 484 crore in Q3FY22.

Federal Bank Q3 Results: Profit jumps 54% YoY at Rs 804 crore; net interest margin at record high
The net interest income of the bank for the quarter ended December 31, 2022, grew by 27.14% to Rs 1,956 crore from Rs 1,539 crore for the third quarter of FY23. Other income of the firm grew by 10.29% to Rs 534 crore in the quarter ended December from Rs 484 crore in Q3FY22.