{"id":4722,"date":"2024-10-29T11:53:48","date_gmt":"2024-10-29T06:23:48","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4722"},"modified":"2024-10-29T11:53:50","modified_gmt":"2024-10-29T06:23:50","slug":"federal-bank-jumps-over-7-as-q2-profit-climbs-11-to-rs-1057-crore","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/federal-bank-jumps-over-7-as-q2-profit-climbs-11-to-rs-1057-crore\/","title":{"rendered":"Federal Bank Jumps Over 7% as Q2 Profit Climbs 11% to Rs 1,057 Crore"},"content":{"rendered":"\n

Federal Bank shares rose over 7% on October 30 after the bank posted an 11% increase in Q2 net profit, reaching Rs 1,057 crore, up from Rs 954 crore a year ago. Boosted by strong net interest income (NII) of Rs 2,367 crore, a 15% increase year-on-year, Federal Bank also reported total income growth to Rs 7,541 crore.<\/p>\n\n\n\n

The stock, which opened 4.8% higher, reached an intraday peak of Rs 199.49 per share on the NSE. The bank, with a market cap of Rs 48,100 crore, saw high trading volumes, with 3 crore shares changing hands by 10:30 am.<\/p>\n\n\n\n

Do you have a news tip for Lakshmishree reporters? Please email us at <\/em>media@lakshmishree.com<\/p>\n\n\n\n

Source:\u00a0Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

Federal Bank shares rose over 7% on October 30 after the bank posted an 11% increase in Q2 net profit, reaching Rs 1,057 crore, up from Rs 954 crore a year ago. Boosted by strong net interest income (NII) of Rs 2,367 crore, a 15% increase year-on-year, Federal Bank also reported total income growth to […]<\/p>\n","protected":false},"author":1,"featured_media":4723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[62],"tags":[600],"class_list":["post-4722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-results","tag-federal-bank-q2"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4722"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4722\/revisions"}],"predecessor-version":[{"id":4724,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4722\/revisions\/4724"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/4723"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}