Reported Q: Q3 2024 Rev YoY: -48.2% EPS YoY: -10.1% Move: +3.12%
The Federal Bank Limited
FEDERALBNK.BO
INR270.90 3.12%
Exchange BSE Sector Financial Services Industry Banks Regional
Q3 2024
Published: Dec 31, 2023

Company Status Snapshot

Fast view of the latest quarter outcome for FEDERALBNK.BO

Reported

Report Date

Dec 31, 2023

Quarter Q3 2024

Revenue

69.94B

YoY: -48.2%

EPS

4.22

YoY: -10.1%

Market Move

+3.12%

Previous quarter: Q2 2024

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

  • Revenue of $69.94B down 48.2% year-over-year
  • EPS of $4.22 decreased by 10.1% from previous year
  • Net income of 10.35B
  • ""We are committed to navigating through these challenging times by optimizing our operations and enhancing our digital banking offerings," stated the CFO." - CFO
FEDERALBNK.BO
The Federal Bank Limited

Swipe to view all report sections

Executive Summary

The Federal Bank Limited (FEDERALBNK.BO) reported mixed results for the third quarter of FY 2024, with revenues of INR 69.94 billion reflecting a YOY decline of 48.15%, though slightly improved from the previous quarter. Operating income saw a significant increase of 137.88% QoQ to INR 14.20 billion, showcasing resilience amidst challenging market conditions. Despite a net income of INR 10.35 billion, down 8.81% YOY, EPS decreased to INR 4.28Ò€”a drop of 10.05% from last year, indicating pressure on profitability due to increased operational costs. Management indicated optimism moving forward, focusing on loan growth and enhanced digital offerings to attract a broader customer base.

Key Performance Indicators

Revenue
Decreasing
69.94B
QoQ: 0.12% | YoY: -48.15%
Operating Income
Increasing
14.20B
QoQ: 137.88% | YoY: 17.21%
Net Income
Decreasing
10.35B
QoQ: -13.87% | YoY: -8.81%
EPS
Decreasing
4.28
QoQ: -14.06% | YoY: -10.05%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 83,153.30 3.70 +16.3% View
Q4 2024 71,491.20 3.94 +23.7% View
Q3 2024 69,935.50 4.22 -48.2% View
Q2 2024 65,482.00 4.29 -44.7% View
Q1 2024 60,910.80 4.11 +25.8% View