FY19 Q2 Earnings " Federal Bank "
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Federal Bank Q2 profit came flat with increase of 1% YOY to Rs 266 cr. Company had posted a net profit of Rs 264 cr in the corresponding quarter last year.
Interest earn rise by 16.2% to Rs 2765 cr.
Gross bad loans as a percentage of total loans stood at 3.11% at September end compared with 3% in the previous quarter and 2.39% a year earlier.
It's not a good results and a disappointing for Investors.
its very disappointing. without even given a signal, its just crumbles.
No doubt .
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