Mumbai, Oct 18
Federal Bank on Saturday reported its net profit for the second quarter of the current financial year (Q2 FY26) at Rs 955.26 crore, down 9.5 per cent year-on-year (YoY).
Meanwhile, the total expenditure for the July-September period stood at Rs 6,180 crore, up 3 per cent YoY from Rs 5,975.87 crore in the same quarter a year ago.
According to the bank, the total deposits increased 7.3 per cent from Rs 269,106.59 crore in the same quarter a year ago to Rs 288,919.58 crore till the end of this quarter.
"Our CASA franchise continues to demonstrate sustained and meaningful growth, reflecting the trust of our customers and the consistency of our team’s execution. We’re also broadening our asset mix thoughtfully, increasing the share of our mid-yield portfolio in a measured and disciplined way," Manian added.