Stock Report

Federal Bank Ltd reports consolidated Q4 FY20 PAT of Rs. 302.95 crore



Posted On : 2020-05-28 16:18:42( TIMEZONE : IST )

Federal Bank Ltd reports consolidated Q4 FY20 PAT of Rs. 302.95 crore

FEDERAL BANK LTD. has reported financial results for the period ended March 31, 2020.

Financial Results (Q4 FY19-20) - QoQ Comparison

The company has reported total income of Rs.4222.87 crores during the period ended March 31, 2020 as compared to Rs.3834.71 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.302.95 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.451.72 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.1.64 for the period ended March 31, 2020 as compared to Rs.2.26 for the period ended December 31, 2019.

FinancialsQ4 FY19-20Q3 FY19-20% Change
Total Income₹ 4222.87 crs₹ 3834.71 crsUp Tick 10.12%
Net Profit₹ 302.95 crs₹ 451.72 crsDown Tick -32.93%
EPS₹ 1.64₹ 2.26Down Tick -27.43%

Financial Results (Q4 FY19-20) - YoY Comparison

The company has reported total income of Rs.4222.87 crores during the period ended March 31, 2020 as compared to Rs.3501.77 crores during the period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.302.95 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.391.07 crores for the period ended March 31, 2019.

The company has reported EPS of Rs.1.64 for the period ended March 31, 2020 as compared to Rs.2.12 for the period ended March 31, 2019.

FinancialsQ4 FY19-20Q4 FY18-19% Change
Total Income₹ 4222.87 crs₹ 3501.77 crsUp Tick 20.59%
Net Profit₹ 302.95 crs₹ 391.07 crsDown Tick -22.53%
EPS₹ 1.64₹ 2.12Down Tick -22.64%

Financial Results (12 months ended FY 19-20) - YoY Comparison

The company has reported total income of Rs.15472.20 crores during the 12 months period ended March 31, 2020 as compared to Rs.12970.66 crores during the 12 months period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.1552.77 crores for the 12 months period ended March 31, 2020 as against net profit / (loss) of Rs.1282.52 crores for the 12 months period ended March 31, 2019.

The company has reported EPS of Rs.7.88 for the 12 months period ended March 31, 2020 as compared to Rs.6.60 for the 12 months period ended March 31, 2019.

FinancialsYear Ended FY19-20Year Ended FY18-19% Change
Total Income₹ 15472.20 crs₹ 12970.66 crsUp Tick 19.29%
Net Profit₹ 1552.77 crs₹ 1282.52 crsUp Tick 21.07%
EPS₹ 7.88₹6.60Up Tick 19.39%

Commenting on the results and financial performance, Mr. Shyam Srinivasan, Managing Director & CEO, Federal Bank said, "the Bank has delivered a robust operating performance with the operating profit registering a growth of 27%. The asset quality of the Bank has improved substantially, which is a positive. To face any unfavorable situation that may arise due to the pandemic, we have increased the provisions substantially and strengthened the balance sheet. On the business front, the Bank has achieved robust growth in the retail segment with housing loans and gold loans growing handsomely."

Shares of FEDERAL BANK LTD. was last trading in BSE at Rs.41 as compared to the previous close of Rs. 38.45. The total number of shares traded during the day was 1425843 in over 2961 trades.

The stock hit an intraday high of Rs. 41.6 and intraday low of 38. The net turnover during the day was Rs. 56992732.

Source : Equity Bulls

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