Federal Bank Q4 net profit flat at Rs 906 crore YoY, declares dividend
Thu, May 2, 2024 1:23 PM

Federal Bank Q4 net profit flat at Rs 906 crore YoY, declares dividend

A Flip by Avya Verma
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Federal Bank reported nearly flat net profit at Rs 906 crore for the quarter ended March 31, according to the exchange filing issued on May 2.Sequentially, the net profit fell 10 percent from Rs 1,007 crore in Q3FY24, the filing showed. Shares of Federal Bank were trading over 3 percent higher at Rs 167.7 apiece on BSE post earnings announcement. The stock rose by nearly 5% to hit 52-weak high.

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