Federal Bank reports record ₹1,386.09 crore Q2 profit, up 45.10% YoY
As filed · The Federal Bank Limited has informed the Exchange regarding a press release dated October 16, 2026, titled "Press Release on Unaudited Financial Results for the quarter and half year ended September
EarningsImprovingNotablemateriality 72 out of 100
What happened
FactFederal Bank reported its highest-ever quarterly net profit of ₹1,386.09 crore for Q2 FY27, up 45.10% year-on-year and 17.77% quarter-on-quarter. Net interest income rose 26.38% to ₹3,153.40 crore, while gross and net NPAs fell to decadal lows of 1.32% and 0.17%, respectively.
Why it matters
CapitSignal interpretationReported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
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Fact- Margin trend against the prior period
- Cash from operations against reported profit
- Whether prior guidance is reaffirmed
Evidence
How CapitSignal classified this
- Reasoning:
- Profit growth was supported by stronger core income, margin expansion and record other income, while advances grew faster than deposits. Improved asset quality and higher provision coverage indicate a stronger credit-risk profile alongside growth.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%