Federal Bank announces Q1 results

Federal Bank Ltd has announced the following Unaudited Results for the quarter ended June 30, 2006:

The Bank has posted a net profit of Rs 401.80 million for the quarter ended June 30, 2006 (Q1 FY 06-07) as compared to Rs 486.80 million for the quarter ended June 30, 2005 (Q1 FY 05-06). Total Income has increased from Rs 3895.00 million in Q1 FY 05-06 to Rs 4625.20 million for Q1 FY 06-07.

Source : Equity Bulls

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