Federal Bank announced the Financial Results for the quarter and year ended 31st March 2025. The key highlights of the results on a Y-o-Y basis are as follows:
- Total Business of the Bank reached Rs. 5,18,483.86 Cr.
- Annual Net Profit at Rs 4051.89 Cr and net profit for the quarter at Rs 1030.23 Cr, increases by 13.67% YoY.
- Highest Ever Other Income backed by strong Fee Income momentum, NII up by 14.16% to Rs.9467.99 Cr.
- Decadal Best Asset Quality with GNPA and NNPA at 1.84 % and 0.44 % respectively.
- CRAR stood at 16.40%.
- Provision Coverage Ratio stood at 75.37%.
- ROA for Q4 stood at 1.24 % and ROE at 12.82 %.
- Total Deposits increased by 12.32 %.
- Total Net Advances increased by 12.15 %.
WORKING RESULTS AT A GLANCE (Rs.in Cr)
|
Particulars
|
Results
|
||
|
31-03-2025
|
31-03-2024
|
Growth %
|
|
|
Annual Net Profit
|
4051.89
|
3720.60
|
é8.90%
|
|
Total Business
|
518483.86
|
461937.36
|
é12.24%
|
|
Total Income
|
30166.50
|
25267.53
|
é19.39%
|
|
Parameters
|
Q4 FY24
|
Q4 FY25
|
YoY Change in %
|
Change in bps
|
Q3 FY25
|
Q4 FY25
|
QoQ Change in %
|
Change in bps
|
|
Fee Income
|
615.22
|
800.47
|
é30.11%
|
756.07
|
800.47
|
é5.87%
|
||
|
Other Income
|
753.88
|
1005.95
|
é33.44%
|
916.17
|
1005.95
|
é9.80%
|
||
|
Net profit
|
906.30
|
1030.23
|
é13.67%
|
955.44
|
1030.23
|
é7.83%
|
||
|
PCR
|
71.08
|
75.37
|
429
|
74.21
|
75.37
|
116
|
||
|
Gross NPA
|
2.13
|
1.84
|
-29
|
1.95
|
1.84
|
-11
|
||
|
Net NPA
|
0.60
|
0.44
|
-16
|
0.49
|
0.44
|
-5
|
Operating Review
Total Business
Total Business of the Bank reached Rs. 518483.86 Cr registering a growth of 12.24 % as on 31st March 2025.
Credit Growth
On the Asset side, Net advances increased from Rs.209403.34 Cr as on 31st March 2024 to Rs. 234836.39 Cr on 31st March 2025. Retail Advances grew by 14.50% to reach Rs. 77212.16 Cr. Business Banking advances grew by 11.44% to reach Rs. 19064.36 Cr. Commercial Banking grew by 26.76 % to Rs. 27199 Cr. Corporate Advances registered a growth of 8.39% to reach Rs. 79773.79 Cr. The CV/ CE advances grew by 34.93% to reach Rs. 4644 Cr. Gold loans including ADLG registered a growth of 20.93% to reach Rs.30505 Cr.
Deposit Growth
Total Deposits increased from Rs. 252534.02 Cr as on 31st March 2024 to Rs. 283647.47 Cr as on 31st March 2025, registering a growth of 12.32%.
Operating Profit & Net Profit
The Bank registered Operating Profit of Rs. 1465.40 Cr and Net Profit of Rs. 1030.23 Cr for the quarter ended 31st March 2025.
Income & Margins
Net Interest Income grew 8.31 % YoY from Rs.2195.11 Cr to Rs. 2377.44 Cr for the quarter ended on 31st March 2025. Total income of the Bank for the quarter grew by 13.70% YoY to reach Rs. 7654.31Cr. Earnings per share (EPS) annualized is Rs 17.02 for the quarter. Net Interest Margin improved to 3.12% in Q4 FY25, supported by strategic initiatives.
Key Ratios
ROA & ROE of the Bank for the quarter stood at 1.24% and 12.82% respectively.
Robust Asset Quality
Gross NPA of the Bank as at the end of Q4 FY25 stood at Rs. 4375.54 Cr, which as a percentage to Gross Advances stood at 1.84 %. The Net NPA and Net NPA as a percentage to Net Advances as on 31st March 2025 stood at Rs. 1040.38 Cr and 0.44% respectively. Provision Coverage Ratio excluding Technical Write Off was 75.37%.
Net Worth & Capital Adequacy
Net worth of the Bank increased by 13.86% YoY, from Rs. 29089.41 Cr to Rs. 33121.64 Cr, as on 31st March 2025. Capital Adequacy Ratio (CRAR) of the Bank, computed as per Basel III guidelines stood at 16.40% as at the end of the quarter.
Dividend
The Board of directors at its meeting held today has recommended a dividend of 60% per equity share having face value of Rs.2 for the year ended 31st March 2025. The dividend will be paid after the approval of shareholders at the Annual General Meeting.
Initiatives
- Branch Transformation through ‘Free the Branch’ initiative-Project Udaan
- Launch of Corporate Internet Banking Portal – FedOne
- Overhaul of the branch performance metrics
- Adoption of more data-driven & scientific pricing strategies.
- 150 Projects identified for implementation and includes 50 key projects with high impact initiatives that align with strategic priorities.
- Acclaimed Bollywood actor Vidya Balan onboarded as the first ever Brand Ambassador of the Bank.
Footprint
85 new outlets opened across the country during FY25 taking the total number of banking outlets to 1589. The number of ATMs/ Recyclers as on 31st March 2025 is 2080 (incl mobile ATMs).
MAJOR FINANCIAL INDICATORS (Standalone Nos) (Rs. in Cr)
|
Business Figures
|
As on 31.03.2025
|
As on 31.03.2024
|
Growth (%)
|
|
Total Deposits
|
283647.47
|
252534.02
|
é12.32%
|
|
Net Advances
|
234836.39
|
209403.34
|
é12.15%
|
|
Commercial Banking Advances
|
27199.00
|
21456.66
|
é26.76%
|
|
Retail Advances
|
77212.16
|
67435.34
|
é14.50%
|
|
Corporate Advances
|
79773.79
|
73596.09
|
é8.39%
|
|
Business Banking Advances
|
19064.36
|
17107.99
|
é11.44%
|
|
Gold Loan including ADLG
|
30505.00
|
25226.00
|
é20.93%
|
|
Capital
|
|
||
|
Equity Capital
|
491.17
|
487.07
|
é0.84%
|
|
Net Worth
|
33121.64
|
29089.41
|
é13.86%
|
|
Capital Adequacy (%)
|
16.40
|
16.13
|
|
|
Tier I (%)
|
15.04
|
14.61
|
|
|
Tier II (%)
|
1.36
|
1.52
|
|
M V S Murthy
Chief Marketing Officer
E-mail: mvsmurthy@federalbank.co.in
A presentation for investors is being placed separately on our Bank’s website: https://www.federalbank.co.in/financial-result
Corporate Comm India (CCI Newswire)
