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Federal Bank reported strong Q2 results with net profit up 45.1% YoY to Rs 1,386 crore, and said it continues to evaluate inorganic growth opportunities but has nothing to disclose on Jana Small Finance Bank speculation
By ScoutQuest · · 1 min read
- Net profit Q2
- Rs 1,386 crore
- Net profit growth YoY
- 45.1 percent
- Net interest income
- Rs 3,153 crore
- NII growth
- 26 percent
- Operating profit growth
- 35.33 percent
Heard on business television between 16:14:16 - 16:17:16 IST.
- Net profit jumped 45.1% year-on-year to Rs 1,386 crore.
- Net interest income rose 26% to Rs 3,153 crore; operating profit grew 35.33% to Rs 2,225 crore.
- Gross NPAs improved to 1.32% from 1.52% sequentially; net NPAs eased to 0.17%; fresh slippages stood at Rs 420 crore.
- Management said it continues to evaluate opportunities for inorganic growth across financial services including core and universal banking, but did not comment directly on market speculation around Jana Small Finance Bank, saying there is nothing on the table currently.
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Source: Live TV News Channel · 16 Oct 2026
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