Federal Bank has announced its financial results for the first quarter ended June 30, 2026, reporting a standalone net profit of ₹1,176.93 crore, a significant increase of 36.57% year-on-year. This growth was supported by a 26.06% increase in Net Interest Income, which reached ₹2,945.89 crore. The bank achieved this performance through core business expansion while managing treasury income challenges. Asset quality also saw notable improvement, with Gross NPA falling to 1.52% and Net NPA dropping to 0.18%, marking a decadal best.

Note: The QoQ profit increase is based on the comparison with the adjusted previous quarter figure of ₹1,145 crore.

Federal Bank is a prominent private sector lender in India, headquartered in Aluva, Kerala. The bank offers a comprehensive suite of services, including retail and wholesale banking, wealth management, and credit cards. Recent updates highlight the bank’s focus on granular lending segments, with notable growth in gold loans (33%), credit cards (36%), and commercial banking (22.96%). The institution is also expanding its physical footprint, having added ten branches during the quarter to reach a network of 1,650 outlets. Bank Muscat India Fund is among the institutional investors holding a stake in the bank.