Federal Bank's Q1 FY 2026-27 Quarterly Results

Result Summary

• Federal Bank Ltd reported a 2.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 7.5%.
• Its expenses for the quarter were up by 2.9% QoQ and 3.6% YoY.
• The net profit decreased 6.5% QoQ and increased 37.0% YoY.
• The earnings per share (EPS) of Federal Bank Ltd stood at 4.91 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Federal Bank Ltd is a prominent Indian bank that primarily offers a wide range of financial services including retail and corporate banking, treasury operations, and other financial services. As part of the Indian banking industry, the bank serves millions of customers across the country through its extensive branch network. While recent major developments specific to Federal Bank Ltd are not detailed in the provided data, it is worth noting that the banking sector in India has been experiencing regulatory changes and digital transformation trends.

Revenue

In Q1FY27, Federal Bank Ltd reported a total income of ₹8943.11 crores. This marks a year-over-year (YoY) increase of 7.5% from ₹8315.33 crores in Q1FY26. However, the total income experienced a quarter-over-quarter (QoQ) decline of 2.1% from ₹9132.47 crores in Q4FY26. The bank's revenue dynamics showcase its ability to generate higher income compared to the same quarter in the previous year, although there is a slight dip in comparison to the preceding quarter.

Profitability

For Q1FY27, the bank achieved a profit before tax (PBT) of ₹1741.00 crores, reflecting a YoY growth of 37.1% from ₹1269.83 crores in Q1FY26 and a QoQ increase of 1.6% from ₹1713.57 crores in Q4FY26. The tax expense for the quarter amounted to ₹443.39 crores, resulting in a profit after tax (PAT) of ₹1302.49 crores. This PAT represents a YoY increase of 37.0% from ₹950.59 crores in Q1FY26, but a QoQ decline of 6.5% from ₹1392.32 crores in Q4FY26. The earnings per share (EPS) for this quarter stood at ₹4.91, a YoY increase of 32.7% from ₹3.70 in Q1FY26, and a QoQ decrease of 8.7% from ₹5.38 in Q4FY26.

Operating Metrics

Total expenses for Q1FY27 were reported at ₹6848.87 crores, showing a YoY increase of 3.6% from ₹6608.29 crores in Q1FY26 and a QoQ increase of 2.9% from ₹6657.23 crores in Q4FY26. Provisions and contingencies for the quarter were significantly lower at ₹353.24 crores, demonstrating a substantial QoQ reduction of 53.6% from ₹761.67 crores in Q4FY26 and a YoY decrease of 19.2% from ₹437.21 crores in Q1FY26. These figures indicate a focus on managing operational efficiencies and risk provisions effectively, contributing to the overall financial performance of the bank during the quarter.