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Federal Bank Q4FY18

Federal Bank Q4 net profit down 43 pc at Rs 145 cr

Federal Bank Q4 net profit down 43 pc at Rs 145 cr

Wed, May 09, 2018

Private sector lender Federal Bank today reported a fall of 43.5 per cent in its standalone net profit at Rs 144.99 crore in the quarter ended March of 2017-18 on higher provisioning money for bad loans. The bank had made a net profit of Rs 256.59 crore in the same period of 2016-17.

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