Home Economy Federal Bank first quarter profit reaches Rs.681 mn

Federal Bank first quarter profit reaches Rs.681 mn

By IANS,

New Delhi : Federal Bank Ltd has posted a net profit of Rs.681.5 million for the quarter ended June 30, as compared to Rs.669.4 million in the corresponding quarter last year, the company announced Thursday.

The total income of the bank has increased from Rs.6.59 billion for the quarter ended June 30, 2007 to Rs.8.41 billion for the quarter ended June 30, 2008.