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Federal Bank reports record Net Profit of Rs 704 cr in Q2FY23, up 53 pc YoY

Federal Bank reports record Net Profit of Rs 704 cr in Q2FY23, up 53 pc YoY

Oct 15, 2022, at 05:56 am

Private sector lender Federal Bank Friday announced a net profit of Rs 704 crore, its highest ever, in the quarter ended September 30, 2022, up 52.89 percent year-on-year (YoY) over Rs. 460.26 crore during the corresponding quarter of the previous year.