KOCHI: Federal Financial institution registered the highest-ever web revenue in 1 / 4 at Rs 1,007 crore and an working revenue of Rs 1,437 crore for the quarter ended Dec 31, 2023. The web revenue grew at 25.3% and the working revenue at 12.8% on a year-on-year (Y-o-Y) foundation.
The web curiosity revenue grew 8.5% from Rs 1,956.5 crore to Rs 2,123.4 crore as on Dec 31, 2023.Its whole revenue grew 32.7% to Rs 6,592.7 crore. The financial institution’s earnings per share (EPS) annualized is Rs 16.54.
The financial institution’s whole deposits grew by 18.96% to Rs 2,39,591 crore in Q3FY24 from Rs 2,01,408 crore within the corresponding interval final 12 months. The web advances was at Rs 1,99,185 crore in Q3FY24 as in comparison with Rs 1,68,173 crore within the corresponding interval final 12 months, registering a development of 18.4%.
“I’m happy that our crew’s devoted effort has helped us register an all-time excessive web revenue of Rs 1,007 crore, a big milestone within the journey of any group which is devoted to each development and excellence,” stated Shyam Srinivasan, managing director & CEO, Federal Financial institution.
The web curiosity revenue grew 8.5% from Rs 1,956.5 crore to Rs 2,123.4 crore as on Dec 31, 2023.Its whole revenue grew 32.7% to Rs 6,592.7 crore. The financial institution’s earnings per share (EPS) annualized is Rs 16.54.
The financial institution’s whole deposits grew by 18.96% to Rs 2,39,591 crore in Q3FY24 from Rs 2,01,408 crore within the corresponding interval final 12 months. The web advances was at Rs 1,99,185 crore in Q3FY24 as in comparison with Rs 1,68,173 crore within the corresponding interval final 12 months, registering a development of 18.4%.
“I’m happy that our crew’s devoted effort has helped us register an all-time excessive web revenue of Rs 1,007 crore, a big milestone within the journey of any group which is devoted to each development and excellence,” stated Shyam Srinivasan, managing director & CEO, Federal Financial institution.
