Federal Bank Q2 profit came flat with increase of 1% YOY to Rs 266 cr. Company had posted a net profit of Rs 264 cr in the corresponding quarter last year.
Interest earn rise by 16.2% to Rs 2765 cr.
Gross bad loans as a percentage of total loans stood at 3.11% at September end compared with 3% in the previous quarter and 2.39% a year earlier.
It's not a good results and a disappointing for Investors.