Federal Bank Reports 2QFY27 PAT of INR13.9 Billion, Up 45% YoY
Motilal Oswal says Federal Bank's PAT rose 45% year over year and 18% quarter over quarter, beating estimates by 10%. Higher other income and lower-than-expected provisions led the increase; higher operating expenses partly offset it, including a one-time INR0.33 billion ESOP-accounting impact.