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Federal bank Q4FY26 result

29 Apr 2026, 3:20PM

Net interest income jumped 33% YoY to Rs3173 crore (partly owing to Interest on IT refund worth Rs456.6 crore) and on adjusted basis NII stood at Rs2716 crore.
NIM improved by 56 bps QoQ to 3.74% and excluding one-off margin improvement was 2 bps on sequential basis to 3.20%.
Operating expenses were kept under control (up 6% YoY) as a result operating profit jumped 24% YoY (adjusted)
The bank during the quarter made floating provisions worth Rs455.9 crore due to which total provisions jumped 123% QoQ to Rs741 crore.
PAT came in at Rs1259 crore up 22% YoY (much ahead of estimates) owing to lower provisions (on adjusted basis)
Business momentum increased with loan growth rising to 12.7% YoY and deposit growth stood at 10.7% YoY.
Asset quality improved as GNPA ratio declined 10 bps QoQ to 1.62% while NNPA ratio fell 22 bps QoQ to 0.2%.

Particulars	Q4FY26	Q4FY25	YoY	Q3FY26	QoQ
Net Interest Income	3,173	2,377	33%	2,653	20%
Other income	1,145	1,006	14%	1,100	4%
Net Income	4,318	3,383	28%	3,753	15%
Opex	2,041	1,918	6%	2,024	1%
Operating Profit	2,276	1,465	55%	1,729	32%
Provisions	741	138	437%	332	123%
PAT	1,259	1,030	22%	1,041	21%

Advances	2,64,594	2,34,836	12.7%	2,55,569	3.5%
Deposits	3,13,909	2,83,647	10.7%	2,97,796	5.4%

NIMs %	3.74	3.12	62 bps	3.18	56 bps
GNPA %	1.62	1.84	-22 bps	1.72	-10 bps
NNPA %	0.20	0.44	-24 bps	0.42	-22 bps
PCR %	87.8	76.2	1157 bps	76.0	1181 bps