Federal Bank Reports 9-16% Rise in Q3 Profit Amid Strong Growth and Asset Quality

Federal Bank reported a 9-16 percent year-on-year rise in net profit for Q3 FY26, ranging from Rs 1,041 crore to Rs 1,094 crore across sources, supported by steady income growth, strong loan and deposit expansion, and improved asset quality. Net interest income and operating profit increased, while provisions showed mixed trends. The bank added six branches and raised its stake in Ageas Federal Life Insurance. Shares surged between 8 and 13 percent, reflecting investor confidence in the bank's performance and outlook.