Federal Bank releases Consolidated Quarterly Results for March 31, 2023. Federal Bank has announced an increase in total income from Rs. 5262.58 Crores as of December 31, 2022, to Rs. 5780.68 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 843.25 Crores as of December 31, 2022, to Rs. 953.91 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 3.94 on December 31, 2022, to Rs. 4.45 on March 31, 2023, according to the company’s statement.
Federal Bank Quarterly Results (Q4 FY2023) – Quarter-over-Quarter Comparison:
Total income of the company is Rs. 5780.68 Crores (March 31, 2023) vs. Rs. 5262.58 Crores (December 31, 2022)
Net profit/loss: Rs. 953.91 Crores (March 31, 2023) vs. Rs. 843.25 Crores (December 31, 2022)
EPS: Rs. 4.45 (March 31, 2023) vs. Rs. 3.94 (December 31, 2022)
| Financials | Q4 FY2023 | Q3 FY2023 | % Change |
| Total Income | ₹ 5780.68 Cr | ₹ 5262.58 Cr | ⬆ 9.84% |
| Net Profit | ₹ 953.91 Cr | ₹ 843.25 Cr | ⬆ 13.12% |
| EPS | ₹ 4.45 | ₹ 3.94 | ⬆ 12.94% |
Federal Bank Quarterly Results (Q4 FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 5780.68 Crores (March 31, 2023) vs. Rs. 4170.55 Crores (March 31, 2022)
Net profit/loss: Rs. 953.91 Crores (March 31, 2023) vs. Rs. 587.54 Crores (March 31, 2022)
EPS: Rs. 4.45 (March 31, 2023) vs. Rs. 2.77 (March 31, 2022)
| Financials | Q4 FY2023 | Q4 FY2022 | % Change |
| Total Income | ₹ 5780.68 Cr | ₹ 4170.55 Cr | ⬆ 38.61% |
| Net Profit | ₹ 953.91 Cr | ₹ 587.54 Cr | ⬆ 62.36% |
| EPS | ₹ 4.45 | ₹ 2.77 | ⬆ 60.65% |
Federal Bank Quarterly Results (Year Ended FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 20248.01 Crores (March 31, 2023) vs. Rs. 16502.47 Crores (March 31, 2022)
Net profit/loss: Rs. 3164.72 Crores (March 31, 2023) vs. Rs. 1969.79 Crores (March 31, 2022)
EPS: Rs. 14.85 (March 31, 2023) vs. Rs. 9.44 (March 31, 2022)
| Financials | 12 Months Ended FY2023 | 12 Months Ended FY2022 | % Change |
| Total Income | ₹ 20248.01 Cr | ₹ 16502.47 Cr | ⬆ 22.70% |
| Net Profit | ₹ 3164.72 Cr | ₹ 1969.79 Cr | ⬆ 60.66% |
| EPS | ₹ 14.85 | ₹ 9.44 | ⬆ 57.31% |
| Asset Quality | Q4 FY2023 | Q3 FY2023 | Q4 FY2022 |
| Gross NPA | ₹ 4343.52 Cr | ₹ 4308.99 Cr | ₹ 4256.53 Cr |
| Gross NPA % | 2.35% | 2.42% | 2.78% |
| Net NPA | ₹ 1323.44 Cr | ₹ 1348.55 Cr | ₹ 1479.77 Cr |
| Net NPA % | 0.73% | 0.77% | 0.98% |
The gross NPA of Federal Bank was ₹ 4343.52 Crorse in Q4 FY2023, down from ₹ 4256.53 Crorse in Q3 FY2022 and ₹ 4308.99 Crorse in Q3 FY2023.
Net NPA was ₹ 1323.44 Crorse in Q4 FY2022, a decrease from ₹ 1479.77 Crorse in Q3 FY2022 and ₹ 1348.55 Crorse in Q3 FY2023.
As of March 31, 2023, GNPA was 2.35% of Gross advances, compared to 2.78% on March 31, 2022, and 2.42% on December 31, 2022.
As of March 31, 2023, Net NPA was 0.73% of Gross advances, a decrease from 0.98% on March 31, 2022, and 0.77% on December 31, 2022.
| Ratios | Q4 FY2023 | Q3 FY2023 | Q4 FY2022 |
| RoA % | 0.36% | 0.34% | 0.27% |
| CAR (BASEL III) % | 15.24% | 13.81% | 16.33% |
Federal Bank Q4 FY2023 Return on Average Assets (RoA) was 0.36%, up from 0.34% in Q3 FY2023 and 0.27% in Q3 FY2022.
In Q4 FY2023, the Bank’s Capital Adequacy Ratio (CAR) was 15.24%, down from 13.81% in Q3 FY2023 and 16.33% in Q4 FY2022.
About Federal Bank:
An Indian private sector bank known as the Federal Bank Limited is based in Aluva, Kochi, Kerala. With a wide reach, it operates through 1,370 branches in various states of India and maintains representative offices in Abu Dhabi, Qatar, Kuwait, Oman, and Dubai.
Download Full PDF Q4 Results of Federal Bank :
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