Federal Bank's Profit Soars Amid Strategic Expansion

Federal Bank reported a significant 8.98% rise in net profit for Q3 2025, reaching Rs 1,041 crore. Revenue grew to Rs 7,968 crore, while asset quality improved. The bank expanded its footprint with six new branches and increased its stake in Ageas Federal Life Insurance, strengthening its market position.

Federal Bank, a private sector lender, announced an impressive 8.98% growth in net profit for the third quarter of 2025, totaling Rs 1,041 crore. This marks a strong financial performance compared to last year's Rs 955 crore in the same period.

During Q3, the bank's total income reached Rs 7,968 crore, a rise from Rs 7,725 crore a year prior. Interest income also saw an uptick, climbing to Rs 6,867 crore from previous figures. The operating profit experienced growth, reaching Rs 1,729 crore, up from Rs 1,559 crore last fiscal.

Federal Bank's asset quality showed marked improvement, with the gross non-performing assets ratio declining to 1.72%. Additionally, the bank expanded its branch network and increased its stake in Ageas Federal Life Insurance, signaling a robust market strategy.

(With inputs from agencies.)