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REG - Federal Bank Ltd The - 3rd Quarter Results

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RNS Number : 0108U  Federal Bank Ltd (The)  23 February 2026

SD/LSE/442/2025-26
                                 23.02.2026

 

 
 

To

The London Stock Exchange

10 Paternoster Square

London

 

Dear Sir,

 

We enclose herewith the Un-Audited Standalone and Consolidated Financial
Results of the Bank for the quarter and nine months ended December 31, 2025
which was approved at the Bank's Board of Directors meeting held January 16,
2026.

 

 

Kindly take the same on your record.

 

 

 

For The Federal Bank Limited

 

 

 

Samir P Rajdev

Company Secretary

 

 

 

 

 

 M S K A & Associates                      Suri & Co
 602, Floor 6, Raheja Titanium             Guna Complex, No.443 & 445,
 Western Express Highway, Geetanjali,      4th Floor Main Building,
 Railway Colony, Ram Nagar, Goregaon (E),  Anna Salai, Teynampet,
 Mumbai 400 063.                           Chennai  600 018.

 

 

Independent Auditor's Review Report on unaudited standalone financial results
for the quarter and nine months ended December 31, 2025 of The Federal Bank
Limited pursuant to the Regulation 33 and Regulation 52 read with Regulation
63(2) of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended.

 

The Board of Directors of

The Federal Bank Limited

 

1.   We have reviewed the accompanying statement of unaudited standalone
financial results of The Federal Bank Limited ('the Bank') for the quarter and
nine months ended December 31, 2025 ('the Statement') attached herewith, being
submitted by the Bank pursuant to the requirements of Regulation 33 and
Regulation 52 read with Regulation 63(2) of the Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
as amended ('the Listing Regulations') except for the disclosures relating to
Pillar 3 as at December 31, 2025, including leverage ratio, liquidity coverage
ratio and net stable funding ratio under Basel III Capital Regulations as have
been disclosed on the Bank's website and in respect of which a link has been
provided in the Note 7 to the Statement and have not been reviewed by us.

 

2.   This Statement, which is the responsibility of the Bank's Management
and approved by the Bank's Board of Directors, has been prepared in accordance
with the recognition and measurement principles laid down in Accounting
Standard 25 'Interim Financial Reporting' ('AS 25') prescribed under section
133 of the Companies Act, 2013 ('the Act') read with relevant rules issued
thereunder, in so far as they apply to the Banks, the relevant provisions of
the Banking Regulation Act, 1949, the circulars, guidelines, directions issued
by the Reserve Bank of India ('the RBI') from time to time ('the RBI
Guidelines') and other recognized accounting principles generally accepted in
India and in compliance with the Listing Regulations. Our responsibility is to
express a conclusion on the Statement based on our review.

 

3.   We conducted our review of the Statement in accordance with the
Standard on Review Engagements (SRE) 2410 "Review of Interim Financial
Information Performed by the Independent Auditor of the Entity", issued by the
Institute of Chartered Accountants of India. This standard requires that we
plan and perform the review to obtain moderate assurance as to whether the
Statement is free of material misstatement. A review consists of making
inquiries primarily of persons responsible for financial and accounting
matters and applying analytical and other review procedures. A review is
substantially less in scope than an audit conducted in accordance with
Standards on Auditing under section 143(10) of the Act and consequently does
not enable us to obtain assurance that we would become aware of all
significant matters that might be identified in an audit. We have not
performed an audit and accordingly, we do not express an audit opinion.

 

4.   Based on our review, conducted and procedures performed, as stated in
paragraph 3 above, nothing has come to our attention that causes us to believe
that the accompanying Statement prepared in accordance with the recognition
and measurement principles laid down in AS 25, prescribed under Section 133 of
the Act read with relevant rules issued thereunder, the RBI Guidelines and
other accounting principles generally accepted in India has not disclosed the
information required to be disclosed in terms of the Listing Regulations,
including the manner in which it is to be disclosed or that it contains
material misstatement or that it has not been prepared in accordance with the
relevant prudential norms issued by the RBI in respect of income recognition,
asset classification, provisioning and other related matters, except for the
disclosures relating to Pillar 3 disclosures as at December 31, 2025,
including leverage ratio, liquidity coverage ratio and net stable funding
ratio under Basel III Capital Regulations as have been

 

 

disclosed on the Bank's website and in respect of which a link has been
provided in the Note 7 to the Statement and have not been reviewed by us.

 

 For M S K A & Associates LLP                    For Suri & Co

 (Formerly Known as M S K A & Associates)        Chartered Accountants
 Chartered Accountants                           ICAI Firm Registration Number: 004283S
 ICAI Firm Registration Number: 105047W/W101187

 Prateek Khandelwal                              Sanjeev Aditya M
 Partner                                         Partner
 Membership Number: 139144                       Membership Number: 229694
 UDIN: 26139144ZBHCAV1194                        UDIN: 26229694ALBPTG5851

 January 16, 2026                                January 16, 2026

 Mumbai                                          Mumbai

 

 

 

 M S K A & Associates                      Suri & Co
 602, Floor 6, Raheja Titanium             Guna Complex, No.443 & 445,
 Western Express Highway, Geetanjali,      4th Floor Main Building,
 Railway Colony, Ram Nagar, Goregaon (E),  Anna Salai, Teynampet,
 Mumbai 400 063.                           Chennai  600 018.

 

Independent Auditor's Review Report on unaudited consolidated financial
results for the quarter and nine months ended December 31, 2025 of The Federal
Bank Limited pursuant to the Regulation 33 of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations,
2015, as amended.

 

The Board of Directors of

The Federal Bank Limited

 

1.  We have reviewed the accompanying statement of unaudited consolidated
financial results of The Federal Bank Limited ('the Bank') and its
subsidiaries (the Bank and its subsidiaries together referred to as 'the
Group'), its share of the net profit after tax of its associate for the
quarter and nine months ended December 31, 2025 ('the Statement'), being
submitted by the Bank pursuant to the requirement of Regulation 33 of the
Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended ('the Listing Regulations') except
for the disclosures relating to Pillar 3 as at December 31, 2025, including
leverage ratio, liquidity coverage ratio and net stable funding ratio under
Basel III Capital Regulations as have been disclosed on the Bank's website and
in respect of which a link has been provided in Note 6 of the Statement and
have not been reviewed by us.

 

2.  This Statement, which is the responsibility of the Bank's Management and
approved by the Bank's Board of Directors, has been prepared in accordance
with the recognition and measurement principles laid down in Accounting
Standard 25 'Interim Financial Reporting'('AS 25'), prescribed under Section
133 of the Companies Act, 2013 ('the Act') read with relevant rules
thereunder, in so far as they apply to the Bank, the relevant provisions of
the Banking Regulation Act, 1949, the circulars, guidelines and directions
issued by the Reserve Bank of India ('the RBI') from time to time ('the RBI
Guidelines') and other recognized accounting principles generally accepted in
India and in compliance with the Listing Regulations. Our responsibility is to
express a conclusion on the Statement based on our review.

 

3.  We conducted our review of the Statement in accordance with the Standard
on Review Engagements (SRE) 2410 'Review of Interim Financial Information
Performed by the Independent Auditor of the Entity', issued by the Institute
of Chartered Accountants of India. This standard requires that we plan and
perform the review to obtain moderate assurance as to whether the Statement is
free of material misstatement. A review consists of making inquiries,
primarily of persons responsible for financial and accounting matters, and
applying analytical and other review procedures. A review is substantially
less in scope than an audit conducted in accordance with Standards on Auditing
specified under section 143(10) of the Act, and consequently does not enable
us to obtain assurance that we would become aware of all significant matters
that might be identified in an audit. We have not performed an audit and
accordingly, we do not express an audit opinion.

 

We also performed procedures in accordance with the circular issued by the
Securities and Exchange Board of India under Regulation 33 (8) of the Listing
Regulations, as amended, to the extent applicable.

 

4.  The Statement includes the financial results of the Bank and the
following entities:

 

 Sr. No  Name of the Entity                            Relationship with the Bank
 a       Fedbank Financial Services Limited            Subsidiary
 b       Federal Operations and Services Limited       Subsidiary
 c       Ageas Federal Life Insurance Company Limited  Associate

 

5.  Based on our review conducted and procedures performed as stated in
paragraph 3 above and based on the consideration of the review reports of
other auditors referred to in paragraph 6 below and based on the financial
result certified by the Management for the associate as state in paragraph 7
below, nothing has come to our attention that causes us to believe that the
accompanying Statement, prepared in accordance with the recognition and
measurement principles laid down in AS 25 prescribed under Section 133 of the
Act read with relevant rules issued thereunder, the RBI Guidelines and other
accounting principles generally accepted in India, has not disclosed the
information required to be disclosed in terms of the Listing Regulations,
including the manner in which it is to be disclosed or that it contains any
material misstatement or that it has not been prepared in accordance with the
relevant prudential norms issued by the RBI in respect of income recognition,
asset classification, provisioning and other related matters except for the
disclosures relating to Pillar 3 as at December 31, 2025, including leverage
ratio, liquidity coverage ratio and net stable funding ratio under Basel III
Capital Regulations as have been disclosed on the Bank's website and in
respect of which a link has been provided in Note 6 of the Statement and have
not been reviewed by us.

 

6.  We did not review the interim financial results of two subsidiaries
included in the statement, whose interim financial results reflect total
revenues of Rs. 59,410 lakhs and Rs. 1,74,552 lakhs and total net profit after
tax of Rs. 8,274 lakhs and Rs. 24,847 lakhs for the quarter and nine months
ended December 31, 2025, respectively, as considered in the Statement. These
interim financial results have been reviewed by other auditors whose reports
have been furnished to us by the Bank's Management and our conclusion on the
Statement, in so far as it relates to the amounts and disclosures included in
respect of these subsidiaries, is based solely on the reports of the other
auditors and the procedures performed by us as stated in paragraph 3 above.

 

7.  The Statement also includes the Group's share of net profit after tax of
Rs. 146 lakhs and Rs. 849 lakhs for the quarter and nine months ended December
31, 2025, respectively, as considered in the Statement, in respect of its
associate, based on its interim financial result which have not been reviewed
by its auditor. This interim financial result has been furnished to us by the
Bank's Management and our conclusion on the Statement, in so far as it relates
to the amounts and disclosures included in respect of its associate, is based
solely on such Management prepared unaudited interim financial results.
According to the information and explanations given to us by the Bank's
Management, this interim financial results is not material to the Group.

 

Our conclusion on the Statement is not modified in respect of the matters
mentioned in paragraphs 6 and 7 above.

 

 For M S K A & Associates LLP                    For Suri & Co

 (Formerly Known as M S K A & Associates)        Chartered Accountants
 Chartered Accountants                           ICAI Firm Registration Number: 004283S
 ICAI Firm Registration Number: 105047W/W101187

 Prateek Khandelwal                              Sanjeev Aditya M
 Partner                                         Partner
 Membership Number: 139144                       Membership Number: 229694
 UDIN: 26139144WUKRQD8463                        UDIN: 26229694LXZEFR4736

 January 16, 2026                                January 16, 2026

 Mumbai                                          Mumbai

 THE FEDERAL BANK LIMITED
 REGD.OFFICE: P.B.NO. 103, FEDERAL TOWERS, ALUVA-683101
 (CIN: L65191KL1931PLC000368)
 STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED
 DECEMBER 31, 2025
                                                                                                                                                                                                                                                                                                                                              (₹ in Lakhs)
 Particulars                                                                                                               Quarter ended                                                                                                                 Nine months ended                                                                   Year ended
                                               31.12.2025                                                                  30.09.2025                                31.12.2024                                 31.12.2025                                31.12.2024                               31.03.2025
                                               Unaudited                                                                   Unaudited                                 Unaudited                                 Unaudited                                 Unaudited                                 Audited
 1. Interest earned (a)+(b)+(c)+(d)                                                                                                6,86,750                                  6,74,216                                  6,80,873                          20,29,629                                 19,71,689                                 26,36,525
 (a)                                           Interest/discount on advances/bills                                                 5,47,407                                  5,38,340                                  5,46,370                          16,18,036                                 15,73,180                                 21,01,662
 (b)                                           Income on investments                                                               1,21,283                                  1,16,841                                  1,14,742                          3,51,586                                  3,39,140                                  4,54,182
 (c)                                           Interest on balances with Reserve Bank of India and other inter bank funds               9,372                                   11,090                                    11,255                         35,525                                    32,316                                    44,300
 (d)                                           Others                                                                                   8,688                                     7,945                                     8,506                        24,482                                    27,053                                    36,381
 2. Other income (Refer note 4)                                                                                                    1,10,029                                  1,08,217                                     91,617                         3,29,544                                  2,79,530                                  3,80,125
 3. TOTAL INCOME (1+2)                                                                                                           7,96,779                                  7,82,433                                  7,72,490                            23,59,173                                 22,51,219                                 30,16,650
 4. Interest expended                                                                                                              4,21,477                                  4,24,692                                  4,37,739                          12,81,149                                 12,62,634                                 16,89,726
 5. Operating expenses (i)+(ii)                                                                                                    2,02,369                                  1,93,324                                  1,77,805                          5,85,045                                  5,25,012                                  7,16,811
 (i)                                           Employees cost                                                                         84,865                                    80,344                                    78,515                         2,44,970                                  2,30,444                                  3,08,828
 (ii)                                          Other operating expenses                                                            1,17,504                                  1,12,980                                     99,290                         3,40,075                                  2,94,568                                  4,07,983
 6. TOTAL EXPENDITURE (4+5)                                                                                                      6,23,846                                  6,18,016                                  6,15,544                            18,66,194                                 17,87,646                                 24,06,537
 (excluding provisions and contingencies)
 7. OPERATING PROFIT (3-6)                                                                                                       1,72,933                                  1,64,417                                  1,56,946                            4,92,979                                  4,63,573                                  6,10,113
  (Profit before provisions and contingencies)
 8. Provisions (other than tax) and contingencies                                                                                     33,238                                    36,309                                    29,233                         1,09,563                                  59,495                                    73,306
 9. Exceptional items                                                                                                                        -                                         -                                         -                                         -                                         -                                         -
 10. Profit from Ordinary Activities before tax                                                                                  1,39,695                                  1,28,108                                  1,27,713                            3,83,416                                  4,04,078                                  5,36,807

(7-8-9)
 11. Tax expense                                                                                                                      35,574                                    32,582                                    32,169                         97,594                                    1,01,912                                  1,31,618
 12. Net Profit from Ordinary Activities after tax  (10-11)                                                                      1,04,121                                     95,526                                    95,544                           2,85,822                                  3,02,166                                  4,05,189
 13. Extraordinary items (net of tax expense)                                                                                                -                                         -                                         -                                         -                                         -                                         -
 14. Net Profit for the period (12-13)                                                                                           1,04,121                                     95,526                                    95,544                           2,85,822                                  3,02,166                                  4,05,189
 15. Paid-up Equity Share Capital                                                                                                     49,242                                    49,188                                    49,090                         49,242                                    49,090                                    49,117

(Face value ₹ 2/- per Equity Share)
 16. Reserves excluding Revaluation Reserve                                                                                                                                                                                                                                                                                                  32,92,444
 17. Analytical Ratios and Other Disclosures:
 (i)                                           Percentage of shares held by Government of India                            NIL                                       NIL                                       NIL                                       NIL                                       NIL                                       NIL
 (ii)                                          Capital Adequacy ratio (%) (Refer note 5)
                                               Under Basel III                                                                          15.20                                     15.71                                     15.16                                     15.20                                     15.16                                     16.40
 (iii)                                         Earnings per Share (EPS) (in ₹)
                                               (a) Basic EPS  (before and after extraordinary items)                       4.23*                                     3.89*                                     3.89*                                      11.63*                                    12.35*                                                16.54
                                               (b) Diluted EPS (before and after extraordinary items)                      4.19*                                     3.85*                                     3.85*                                      11.51*                                    12.21*                                                16.37
 (iv)                                          NPA Ratios
                                               a) Gross NPA                                                                        4,44,686                                  4,53,201                                  4,55,331                                  4,44,686                                  4,55,331                                  4,37,554
                                               b) Net NPA                                                                          1,06,804                                  1,16,516                                  1,13,117                                  1,06,804                                  1,13,117                                  1,04,038
                                               c) % of Gross NPA                                                                          1.72                                      1.83                                      1.95                                      1.72                                      1.95                                      1.84
                                               d) % of Net NPA                                                                            0.42                                      0.48                                      0.49                                      0.42                                      0.49                                      0.44
 (v)                                           Return on Assets (%)                                                         0.29*                                     0.27*                                    0.29*                                      0.82*                                     0.93*                                                   1.23
 (vi)                                          Net Worth                                                                         35,88,860                                 34,81,984                                 32,07,705                                 35,88,860                                 32,07,705                                 33,12,164
 (vii)                                         Outstanding Redeemable Preference Shares                                     NIL                                       NIL                                       NIL                                       NIL                                       NIL                                       NIL
 (viii)                                        Capital Redemption Reserve                                                   NIL                                       NIL                                       NIL                                       NIL                                       NIL                                       NIL
 (ix)                                          Debenture Redemption Reserve                                                 NIL                                       NIL                                       NIL                                       NIL                                       NIL                                       NIL
 (x)                                           Debt - Equity Ratio (#)                                                     0.45                                      0.51                                      0.89                                                     0.45                                      0.89                                      0.71
 (xi)                                          Total Debts to Total Assets (#)                                             4.45%                                     5.05%                                     8.44%                                     4.45%                                     8.44%                                     6.80%
 (xii)                                         Operating Margin                                                            21.70%                                    21.01%                                    20.32%                                    20.90%                                    20.59%                                    20.22%
 (xiii)                                        Net Profit Margin                                                           13.07%                                    12.21%                                    12.37%                                    12.12%                                    13.42%                                    13.43%

 (*) Not Annualised
 (#) Debt and Total Debts represents Total Borrowings of the Bank

THE FEDERAL BANK LIMITED

REGD.OFFICE: P.B.NO. 103, FEDERAL TOWERS, ALUVA-683101

(CIN: L65191KL1931PLC000368)

STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED
DECEMBER 31, 2025

 

 

 

 

 

 

 

 (₹ in Lakhs)

Particulars

Quarter ended

Nine months ended

Year ended

31.12.2025

30.09.2025

31.12.2024

 31.12.2025

 31.12.2024

31.03.2025

Unaudited

Unaudited

Unaudited

Unaudited

Unaudited

Audited

1. Interest earned (a)+(b)+(c)+(d)

        6,86,750

        6,74,216

        6,80,873

20,29,629

19,71,689

26,36,525

(a)

Interest/discount on advances/bills

        5,47,407

        5,38,340

        5,46,370

16,18,036

15,73,180

21,01,662

(b)

Income on investments

        1,21,283

        1,16,841

        1,14,742

3,51,586

3,39,140

4,54,182

(c)

Interest on balances with Reserve Bank of India and other inter bank funds

             9,372

           11,090

           11,255

35,525

32,316

44,300

(d)

Others

             8,688

             7,945

             8,506

24,482

27,053

36,381

2. Other income (Refer note 4)

        1,10,029

        1,08,217

           91,617

3,29,544

2,79,530

3,80,125

3. TOTAL INCOME (1+2)

      7,96,779

      7,82,433

      7,72,490

23,59,173

22,51,219

30,16,650

4. Interest expended

        4,21,477

        4,24,692

        4,37,739

12,81,149

12,62,634

16,89,726

5. Operating expenses (i)+(ii)

        2,02,369

        1,93,324

        1,77,805

5,85,045

5,25,012

7,16,811

(i)

Employees cost

           84,865

           80,344

           78,515

2,44,970

2,30,444

3,08,828

(ii)

Other operating expenses

        1,17,504

        1,12,980

           99,290

3,40,075

2,94,568

4,07,983

6. TOTAL EXPENDITURE (4+5)
(excluding provisions and contingencies)

      6,23,846

      6,18,016

      6,15,544

18,66,194

17,87,646

24,06,537

7. OPERATING PROFIT (3-6)
 (Profit before provisions and contingencies)

      1,72,933

      1,64,417

      1,56,946

4,92,979

4,63,573

6,10,113

8. Provisions (other than tax) and contingencies

           33,238

           36,309

           29,233

1,09,563

59,495

73,306

9. Exceptional items

                  -

                  -

                  -

                  -

                  -

                  -

10. Profit from Ordinary Activities before tax

(7-8-9)

      1,39,695

      1,28,108

      1,27,713

3,83,416

4,04,078

5,36,807

11. Tax expense

           35,574

           32,582

           32,169

97,594

1,01,912

1,31,618

12. Net Profit from Ordinary Activities after tax  (10-11)

      1,04,121

         95,526

         95,544

2,85,822

3,02,166

4,05,189

13. Extraordinary items (net of tax expense)

                  -

                  -

                  -

                  -

                  -

                  -

14. Net Profit for the period (12-13)

 

      1,04,121

         95,526

         95,544

2,85,822

3,02,166

4,05,189

15. Paid-up Equity Share Capital

(Face value ₹ 2/- per Equity Share)

           49,242

           49,188

           49,090

49,242

49,090

49,117

16. Reserves excluding Revaluation Reserve

32,92,444

17. Analytical Ratios and Other Disclosures:

(i)

Percentage of shares held by Government of India

NIL

NIL

NIL

NIL

NIL

NIL

(ii)

Capital Adequacy ratio (%) (Refer note 5)

Under Basel III

             15.20

             15.71

             15.16

             15.20

             15.16

             16.40

(iii)

Earnings per Share (EPS) (in ₹)

(a) Basic EPS  (before and after extraordinary items)

4.23*

3.89*

3.89*

 11.63*

 12.35*

             16.54

(b) Diluted EPS (before and after extraordinary items)

4.19*

3.85*

3.85*

 11.51*

 12.21*

             16.37

(iv)

NPA Ratios

a) Gross NPA

        4,44,686

        4,53,201

        4,55,331

        4,44,686

        4,55,331

        4,37,554

b) Net NPA

        1,06,804

        1,16,516

        1,13,117

        1,06,804

        1,13,117

        1,04,038

c) % of Gross NPA

               1.72

               1.83

               1.95

               1.72

               1.95

               1.84

d) % of Net NPA

               0.42

               0.48

               0.49

               0.42

               0.49

               0.44

(v)

Return on Assets (%)

 0.29*

 0.27*

0.29*

 0.82*

 0.93*

               1.23

(vi)

Net Worth

      35,88,860

      34,81,984

      32,07,705

      35,88,860

      32,07,705

      33,12,164

(vii)

Outstanding Redeemable Preference Shares

 NIL

 NIL

 NIL

 NIL

 NIL

 NIL

(viii)

Capital Redemption Reserve

 NIL

 NIL

 NIL

 NIL

 NIL

 NIL

(ix)

Debenture Redemption Reserve

 NIL

 NIL

 NIL

 NIL

 NIL

 NIL

(x)

Debt - Equity Ratio (#)

0.45

0.51

0.89

               0.45

               0.89

               0.71

(xi)

Total Debts to Total Assets (#)

4.45%

5.05%

8.44%

4.45%

8.44%

6.80%

(xii)

Operating Margin

21.70%

21.01%

20.32%

20.90%

20.59%

20.22%

(xiii)

Net Profit Margin

13.07%

12.21%

12.37%

12.12%

13.42%

13.43%

(*) Not Annualised

(#) Debt and Total Debts represents Total Borrowings of the Bank

 

 

 

 

 

 

 

 

 

 

 

 

 

 Segment Information@
                                                                                                                                                                                                                                                                                                                               (₹ in Lakhs)
 Particulars                                                                 Quarter ended                                                                                                                                Nine months ended                                                                                   Year ended
                          31.12.2025                   30.09.2025            31.12.2024                                      31.12.2025                                     31.12.2024                                    31.03.2025
                          Unaudited                    Unaudited             Unaudited                                      Unaudited                                      Unaudited                                      Audited
 1) Segment Revenue:
                          Treasury                                                       1,64,385                                       1,62,421                                       1,66,928                                       5,20,660                                          5,02,717                                          6,70,972
                          Corporate/Wholesale Banking                                    3,07,410                                       3,03,694                                       3,04,356                                       9,21,711                                          8,90,621                                        11,72,425
                          Retail Banking                                                 8,01,999                                       7,84,077                                       7,83,771                                     23,52,846                                         22,64,602                                         30,49,898
                              a) Digital Banking                                            83,139                                         84,554                                         78,544                                      2,51,309                                          2,10,177                                          2,92,497
                              b) Other Retail Banking                                    7,18,860                                       6,99,523                                       7,05,227                                     21,01,537                                         20,54,425                                         27,57,401
                          Other Banking operations                                          10,649                                         11,989                                           6,196                                        29,932                                            18,189                                            26,854
                          Unallocated                                                         3,303                                             575                                            373                                         4,156                                                764                                            2,630
                          Total Revenue                                      12,87,746                                      12,62,756                                      12,61,624                                      38,29,305                                         36,76,893                                         49,22,779
                          Less: Inter Segment Revenue                                    4,90,967                                       4,80,323                                       4,89,134                                     14,70,132                                         14,25,674                                         19,06,129
                          Income from Operations                             7,96,779                                       7,82,433                                       7,72,490                                       23,59,173                                         22,51,219                                         30,16,650
 2) Segment Results (net of provisions):
                          Treasury                                                          34,065                                         28,984                                         17,743                                      1,01,326                                             70,620                                            95,246
                          Corporate/Wholesale Banking                                       59,545                                         64,187                                         58,375                                      1,72,329                                          1,60,955                                          2,29,747
                          Retail Banking                                                    33,731                                         24,169                                         45,955                                         80,163                                         1,56,278                                          1,86,358
                              a) Digital Banking                                             2,243                                          2,540                                         (8,116)                                         7,504                                                771                                              (466)
                              b) Other Retail Banking                                       31,488                                         21,629                                         54,071                                         72,659                                         1,55,507                                          1,86,824
                          Other Banking operations                                            9,051                                        10,193                                           5,267                                        25,442                                            15,461                                            22,826
                          Unallocated                                                         3,303                                             575                                            373                                         4,156                                                764                                            2,630
                          Profit before tax                                  1,39,695                                       1,28,108                                       1,27,713                                       3,83,416                                          4,04,078                                          5,36,807
 3) Segment Assets:
                          Treasury                                                     97,88,739                                      98,56,503                                      96,95,738                                      97,88,739                                         96,95,738                                      1,01,36,265
                          Corporate/Wholesale Banking                               1,28,05,731                                    1,21,35,812                                    1,12,95,598                                    1,28,05,731                                       1,12,95,598                                       1,16,85,188
                          Retail Banking                                            1,37,30,052                                    1,33,00,724                                    1,26,86,801                                    1,37,30,052                                       1,26,86,801                                       1,27,92,131
                              a) Digital Banking                                         7,88,136                                       8,15,421                                       7,12,727                                       7,88,136                                          7,12,727                                          7,45,633
                              b) Other Retail Banking                               1,29,41,916                                    1,24,85,303                                    1,19,74,074                                    1,29,41,916                                       1,19,74,074                                       1,20,46,498
                          Other Banking operations                                            7,262                                          3,742                                          3,613                                          7,262                                             3,613                                             3,167
                          Unallocated                                                    3,37,293                                       3,11,240                                       3,08,705                                       3,37,293                                          3,08,705                                          2,83,729
                          Total                                              3,66,69,077                                    3,56,08,021                                    3,39,90,455                                    3,66,69,077                                       3,39,90,455                                       3,49,00,480
 4) Segment Liabilities:
                          Treasury                                                     30,16,042                                      30,24,964                                      44,21,310                                      30,16,042                                         44,21,310                                         37,98,141
                          Corporate/Wholesale Banking                                  40,03,435                                      37,86,967                                      38,73,636                                      40,03,435                                         38,73,636                                         36,98,393
                          Retail Banking                                            2,58,56,712                                    2,51,35,197                                    2,23,43,388                                    2,58,56,712                                       2,23,43,388                                       2,39,35,364
                              a) Digital Banking                                       21,83,288                                      21,36,064                                      17,71,219                                      21,83,288                                         17,71,219                                         19,13,636
                              b) Other Retail Banking                               2,36,73,424                                    2,29,99,133                                    2,05,72,169                                    2,36,73,424                                       2,05,72,169                                       2,20,21,728
                          Other Banking operations                                                 72                                             51                                             64                                             72                                                64                                                25
                          Unallocated                                                    1,84,500                                       1,55,300                                       1,18,634                                       1,84,500                                          1,18,634                                          1,26,495
                          Total                                              3,30,60,761                                    3,21,02,479                                    3,07,57,032                                    3,30,60,761                                       3,07,57,032                                       3,15,58,418
 5) Capital Employed                                                         36,08,316                                      35,05,542                                      32,33,423                                      36,08,316                                         32,33,423                                         33,42,062
 6) Total (4 + 5)                                                            3,66,69,077                                    3,56,08,021                                    3,39,90,455                                    3,66,69,077                                       3,39,90,455                                       3,49,00,480

 @                        For the above segment reporting, the reportable segments are identified as
                          Treasury, Corporate/Wholesale Banking, Retail Banking (with Digital Banking
                          and Other Retail Banking as sub-segments) and Other Banking Operations in
                          compliance with the Reserve Bank of India (RBI) guidelines.

The business  operations of the Bank are substantially concentrated in India
                          and for the purpose of Segment Reporting as per Accounting Standard-17, the
                          Bank is considered to operate only in domestic segment.

The Bank has made improvements to the internal transfer pricing methodology
                          aligning to matched maturities for better presentation of the segment
                          information effective from April 01, 2025. Correspondingly the segment
                          information for previous periods have been regrouped / reclassified to conform
                          to current period's presentation. This change in segment information does not
                          impact the segment identification, overall Revenue, Results, Assets,
                          Liabilities and Capital Employed of the Bank for the quarter and nine months
                          ended December 31, 2025, or for the previous periods.

                          Notes:
 1                        The above Standalone Unaudited Financial Results for the quarter and nine
                          months ended December 31, 2025 were approved by the Board of Directors at its
                          meeting held on January 16, 2026. These financial results have been subjected
                          to limited review by the Joint Statutory Auditors of the Bank and an
                          unmodified review report has been issued.

 2                        The above Financial Results of the Bank have been prepared in accordance with
                          the provisions of the Banking Regulation Act, 1949, Generally Accepted
                          Accounting Principles in India, including Accounting Standards as specified
                          under Section 133 of the Companies Act, 2013, Regulation 33 and Regulation 52
                          read with Regulation 63(2) of the Securities and Exchange Board of India
                          (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, as
                          amended, in so far as they apply to Bank, and the guidelines issued by the
                          RBI.

 3                        The Bank has applied significant accounting policies in the preparation of
                          these Financial Results consistent with those followed in the annual financial
                          statements for the year ended March 31, 2025. Any circular / direction issued
                          by the RBI is implemented prospectively when it becomes applicable, unless
                          specifically required as per that circular / direction.

 4                        Other income includes fees earned from providing services to customers,
                          commission from non-fund-based banking activities, earnings from foreign
                          exchange and derivative transactions, selling of third-party products, profit
                          / loss on sale of investments / fixed assets, profit / loss on revaluation of
                          investments, dividend received from subsidiaries / associate, recoveries from
                          advances written off, etc.

 5                        The Capital Adequacy Ratio is computed on the basis of the RBI guidelines
                          applicable on the relevant reporting dates and the ratio for the corresponding
                          previous period is not adjusted to consider the impact of subsequent changes
                          if any, in the guidelines.

 6                        During the quarter and nine months ended December 31, 2025, the Bank has
                          allotted 26,76,910 and 62,47,560 equity shares of ₹2 each respectively,
                          pursuant to the exercise of stock options by employees.

 7                        As per extant the RBI guidelines, banks are required to make Pillar 3
                          disclosures including leverage ratio, liquidity coverage ratio and Net Stable
                          Funding Ratio (NSFR) under the Basel III Capital Regulations. Accordingly,
                          such applicable disclosures have been placed on the website of the Bank which
                          can be accessed at the following link:
                          https://www.federal.bank.in/regulatory-disclosures. These disclosures have not
                          been subjected to audit or review by the Joint Statutory Auditors of the Bank.

 8                        On November 21, 2025, the Government of India notified the four Labour Codes -
                          the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on
                          Social Security, 2020, and the Occupational Safety, Health and Working
                          Conditions Code, 2020 - consolidating 29 existing labour laws. The Bank has
                          assessed impact of these changes to the extent applicable and has made an
                          incremental provision of ₹ 208.00 lakhs during the quarter ended December
                          31, 2025, towards the estimated impact of these changes

 9                        Disclosure as per 'Reserve Bank of India (Commercial Banks - Financial
                          Statements : Presentation and Disclosures) Directions, 2025' dated November
                          28, 2025 and as amended thereafter, for the loans transferred / acquired
                          during the nine months ended December 31, 2025 are given below:
                          i) Details of loans not in default transferred through assignment during the
                          nine months ended December 31, 2025 are given below:
                          Particulars                                                                                                                                      Value
                          Aggregate amount of loans transferred (₹ in lakhs)                                                                                                         12,500.00
                          Weighted average residual maturity (in years)                                                                                                                     13.18
                          Weighted average holding period by originator (in years)                                                                                                            0.95
                          Retention of beneficial economic interest by the originator (₹ in lakhs)                                                                                   24,225.42
                          Tangible security coverage                                                                                                                       49.23%
                          Rating-wise distribution
                                AA                                                                                                                                         100.00%

                          ii) During the nine months ended December 31, 2025, the Bank has not acquired
                          any loans not in default or stressed loans or Special Mention Accounts (SMA)
                          and not transferred any stressed loans or Special Mention Accounts (SMA).

                          iii)  During the nine months ended December 31, 2025, the Bank has not
                          invested in Security Receipts (SR) issued by an Asset Reconstruction Company
                          (ARC) pursuant to transfer of Non-Performing asset to ARC. Details of the
                          recovery ratings assigned to Security Receipts outstanding as on December 31,
                          2025 are given below:
                                                                                                                                                                                                                                                                            (₹ in Lakhs)
                          Rating                                                                                            Recovery Rating                                Gross Book Value                               Provision Held                                    Net Book Value
                          RR1                                                                                               100%-150%                                                     439.47                                                -                                          439.47
                          Total                                                                                                                                                         439.47                                                  -                                        439.47

 10                       Disclosure as per 'Reserve Bank of India (Commercial Banks - Financial
                          Statements : Presentation and Disclosures) Directions, 2025' dated November
                          28, 2025 and as amended thereafter, on projects under implementation, for the
                          quarter ended December 31, 2025 is given below.

                          Sl No                        Item Description                                                                                                                                                   Number of accounts                                Total outstanding

(₹ in lakhs)(#)
                          1                            Projects under implementation accounts at the beginning of the quarter.                                                                                            128                                                      2,69,635.13
                          2                            Projects under implementation accounts sanctioned during the quarter.                                                                                              1                                                                800.00
                          3                            Projects under implementation accounts where DCCO has been achieved during the                                                                                     18                                                          23,731.00
                                                       quarter.
                          4                            Projects under implementation accounts at the end of the quarter. (1+2-3)                                                                                          111                                                      2,46,704.13
                          5                            Out of '4' - accounts in respect of which resolution process involving                                                                                             29                                                          71,328.12
                                                       extension in original / extended DCCO, as the case may be, has been invoked.
                          5.1                          Out of '5' - accounts in respect of which Resolution plan has been                                                                                                 29                                                          71,328.12
                                                       implemented.
                          5.2                          Out of '5' - accounts in respect of which Resolution plan is under                                                                                                 -                                                                       -
                                                       implementation.
                          5.3                          Out of '5' - accounts in respect of which Resolution plan has failed.                                                                                              -                                                                       -
                          6                            Out of '5', accounts in respect of which resolution process involving                                                                                              -                                                                       -
                                                       extension in original / extended DCCO, as the case may be, has been invoked
                                                       due to change in scope and size of the project.
                          7                            Out of '5', account in respect of which cost overrun associated with extension                                                                                     -                                                                       -
                                                       in original / extended DCCO, as the case may be, was funded.
                          7.1                          Out of '7', accounts where SBCF was sanctioned during financial closure and                                                                                        -                                                                       -
                                                       renewed continuously.
                          7.2                          Out of '7', accounts where SBCF was not presanctioned or renewed continuously.                                                                                     -                                                                       -
                          8                            Out of '4' - accounts in respect of which resolution process not involving                                                                                         -                                                                       -
                                                       extension in original / extended DCCO, as the case may be, has been invoked.
                          8.1                          Out of '8' - accounts in respect of which Resolution plan has been                                                                                                 -                                                                       -
                                                       implemented.
                          8.2                          Out of '8' - accounts in respect of which Resolution plan is under                                                                                                 -                                                                       -
                                                       implementation.
                          8.3                          Out of '8' - accounts in respect of which Resolution plan has failed.                                                                                              -                                                                       -
                          (#)represents balance outstanding as on December 31, 2025

 11                       During the quarter ended December 31, 2024, the Bank sold 61,50,000 equity
                          shares of Equirus Capital Private Limited (ECPL), an associate entity of the
                          Bank. Following the sale, the shareholders' agreement between the Bank, ECPL,
                          and the promoter of ECPL was terminated and ECPL ceased to be an associate
                          entity of the Bank with effect from November 15, 2024.

 12                       During the quarter ended December 31, 2025, the Bank has acquired 3,20,00,000
                          equity shares of Ageas Federal Life Insurance Company Limited (associate
                          company) from Ageas Insurance International NV, for a consideration of Rs.
                          30.45 per share. Total consideration paid was Rs.97,44.00 lakhs, Pursuant to
                          this acquisition, the Bank now holds 30% shareholding in Ageas Federal Life
                          Insurance Company Limited, on a fully diluted basis.

 13                       Previous period's figures have been regrouped / reclassified, wherever
                          necessary to conform to current period's classification.

                                                                                                                             KRISHNAN VENKAT SUBRAMANIAN
 Mumbai                                                                                                                      MANAGING DIRECTOR & CEO
 January 16, 2026                                                                                                            (DIN: 00031794)

 

 THE FEDERAL BANK LIMITED
 REGD.OFFICE: P.B.NO. 103, FEDERAL TOWERS, ALUVA-683101
 (CIN: L65191KL1931PLC000368)
 CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED
 DECEMBER 31, 2025
                                                                                                                                                                                                                                                                                                                                              (₹ in Lakhs)
 Particulars                                                                                                               Quarter ended                                                                                                                 Nine months ended                                                                   Year ended
                                               31.12.2025                                                                  30.09.2025                                31.12.2024                                 31.12.2025                                31.12.2024                               31.03.2025
                                               Unaudited                                                                   Unaudited                                 Unaudited                                 Unaudited                                 Unaudited                                 Audited
 1. Interest earned (a)+(b)+(c)+(d)                                                                                                7,36,047                                  7,21,618                                  7,26,487                                21,72,749                                 20,99,813                                 28,10,608
 (a)                                           Interest/discount on advances/bills                                                 5,96,439                                  5,85,485                                  5,91,834                                17,60,290                                 17,00,483                                 22,74,481
 (b)                                           Income on investments                                                               1,21,248                                  1,16,736                                  1,14,609                                  3,51,326                                  3,38,817                                  4,53,799
 (c)                                           Interest on balances with Reserve Bank of India and other inter bank funds               9,372                                   11,090                                    11,255                                    35,525                                    32,316                                    44,301
 (d)                                           Others                                                                                   8,988                                     8,307                                     8,789                                   25,608                                    28,197                                    38,027
 2. Other income (Refer note 5)                                                                                                    1,14,269                                  1,10,528                                     93,115                                 3,41,246                                  2,87,683                                  3,92,417
 3. TOTAL INCOME (1+2)                                                                                                           8,50,316                                  8,32,146                                  8,19,602                                25,13,995                                 23,87,496                                 32,03,025
 4. Interest expended                                                                                                              4,40,081                                  4,42,947                                  4,56,982                                13,36,990                                 13,17,480                                 17,63,127
 5. Operating expenses (i)+(ii)                                                                                                    2,22,040                                  2,12,200                                  1,96,199                                  6,41,107                                  5,78,954                                  7,89,195
 (i)                                           Employees cost                                                                         98,518                                    92,975                                    89,790                                 2,82,521                                  2,63,802                                  3,54,521
 (ii)                                          Other operating expenses                                                            1,23,522                                  1,19,225                                  1,06,409                                  3,58,586                                  3,15,152                                  4,34,674
 6. TOTAL EXPENDITURE (4+5)                                                                                                      6,62,121                                  6,55,147                                  6,53,181                                19,78,097                                 18,96,434                                 25,52,322
 (excluding provisions and contingencies)
 7. OPERATING PROFIT (3-6)                                                                                                       1,88,195                                  1,76,999                                  1,66,421                                  5,35,898                                  4,91,062                                  6,50,703
  (Profit before provisions and contingencies)
 8. Provisions (other than tax) and contingencies                                                                                     37,447                                    39,744                                    38,736                                 1,20,912                                     75,638                                    91,920
 9. Exceptional items                                                                                                                        -                                         -                                         -                                         -                                         -                                         -
 10. Profit from Ordinary Activities before tax                                                                                  1,50,748                                  1,37,255                                  1,27,685                                  4,14,986                                  4,15,424                                  5,58,783

(7-8-9)
 11. Tax expense                                                                                                                      38,355                                    35,312                                    32,815                                 1,05,973                                  1,06,106                                  1,38,634
 12. Net Profit from Ordinary Activities after tax                                                                               1,12,393                                  1,01,943                                     94,870                                 3,09,013                                  3,09,318                                  4,20,149

(10-11)
 13. Extraordinary items (net of tax expense)                                                                                                -                                         -                                         -                                         -                                         -                                         -
 14. Net Profit for the period (12-13)                                                                                           1,12,393                                  1,01,943                                     94,870                                 3,09,013                                  3,09,318                                  4,20,149
 15. Minority interest                                                                                                                  3,132                                     3,070                                        716                                    9,429                                     4,563                                     7,517
 16. Share in Profit of Associates                                                                                                         146                                       321                                       261                                       849                                    2,036                                     3,253
 17. Consolidated Net Profit of the group                                                                                        1,09,407                                     99,194                                    94,415                                 3,00,433                                  3,06,791                                  4,15,885

(14-15+16)
 18. Paid-up Equity Share Capital                                                                                                     49,242                                    49,188                                    49,090                                    49,242                                    49,090                                    49,117

(Face value ₹ 2/- per Equity Share)
 19. Reserves excluding Revaluation Reserve                                                                                                                                                                                                                                                                                                        34,04,215
 20. Analytical Ratios and Other Disclosures:
 (i)                                           Percentage of shares held by Government of India                            NIL                                       NIL                                       NIL                                        NIL                                       NIL                                      NIL
 (ii)                                          Earnings per Share (EPS) (in ₹)
                                               (a) Basic EPS  (before and after extraordinary items)                        4.45*                                     4.04*                                    3.85*                                      12.22*                                    12.53*                                                16.98
                                               (b) Diluted EPS (before and after extraordinary items)                       4.40*                                     4.00*                                    3.81*                                      12.10*                                    12.40*                                                16.80
 (*) Not Annualised

THE FEDERAL BANK LIMITED

REGD.OFFICE: P.B.NO. 103, FEDERAL TOWERS, ALUVA-683101

(CIN: L65191KL1931PLC000368)

CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED
DECEMBER 31, 2025

 

 

 

 

 

 

 

 (₹ in Lakhs)

Particulars

Quarter ended

Nine months ended

Year ended

31.12.2025

30.09.2025

31.12.2024

 31.12.2025

 31.12.2024

31.03.2025

Unaudited

Unaudited

Unaudited

Unaudited

Unaudited

Audited

1. Interest earned (a)+(b)+(c)+(d)

        7,36,047

        7,21,618

        7,26,487

      21,72,749

      20,99,813

      28,10,608

(a)

Interest/discount on advances/bills

        5,96,439

        5,85,485

        5,91,834

      17,60,290

      17,00,483

      22,74,481

(b)

Income on investments

        1,21,248

        1,16,736

        1,14,609

        3,51,326

        3,38,817

        4,53,799

(c)

Interest on balances with Reserve Bank of India and other inter bank funds

             9,372

           11,090

           11,255

           35,525

           32,316

           44,301

(d)

Others

             8,988

             8,307

             8,789

           25,608

           28,197

           38,027

2. Other income (Refer note 5)

        1,14,269

        1,10,528

           93,115

        3,41,246

        2,87,683

        3,92,417

3. TOTAL INCOME (1+2)

      8,50,316

      8,32,146

      8,19,602

    25,13,995

    23,87,496

    32,03,025

4. Interest expended

        4,40,081

        4,42,947

        4,56,982

      13,36,990

      13,17,480

      17,63,127

5. Operating expenses (i)+(ii)

        2,22,040

        2,12,200

        1,96,199

        6,41,107

        5,78,954

        7,89,195

(i)

Employees cost

           98,518

           92,975

           89,790

        2,82,521

        2,63,802

        3,54,521

(ii)

Other operating expenses

        1,23,522

        1,19,225

        1,06,409

        3,58,586

        3,15,152

        4,34,674

6. TOTAL EXPENDITURE (4+5)
(excluding provisions and contingencies)

      6,62,121

      6,55,147

      6,53,181

    19,78,097

    18,96,434

    25,52,322

7. OPERATING PROFIT (3-6)
 (Profit before provisions and contingencies)

      1,88,195

      1,76,999

      1,66,421

      5,35,898

      4,91,062

      6,50,703

8. Provisions (other than tax) and contingencies

           37,447

           39,744

           38,736

        1,20,912

           75,638

           91,920

9. Exceptional items

                  -

                  -

                  -

                  -

                  -

                  -

10. Profit from Ordinary Activities before tax

(7-8-9)

      1,50,748

      1,37,255

      1,27,685

      4,14,986

      4,15,424

      5,58,783

11. Tax expense

           38,355

           35,312

           32,815

        1,05,973

        1,06,106

        1,38,634

12. Net Profit from Ordinary Activities after tax

(10-11)

      1,12,393

      1,01,943

         94,870

      3,09,013

      3,09,318

      4,20,149

13. Extraordinary items (net of tax expense)

                  -

                  -

                  -

                  -

                  -

                  -

14. Net Profit for the period (12-13)

 

      1,12,393

      1,01,943

         94,870

      3,09,013

      3,09,318

      4,20,149

15. Minority interest

             3,132

             3,070

                716

             9,429

             4,563

             7,517

16. Share in Profit of Associates

                146

                321

                261

                849

             2,036

             3,253

17. Consolidated Net Profit of the group

(14-15+16)

      1,09,407

         99,194

         94,415

      3,00,433

      3,06,791

      4,15,885

18. Paid-up Equity Share Capital

(Face value ₹ 2/- per Equity Share)

           49,242

           49,188

           49,090

           49,242

           49,090

           49,117

19. Reserves excluding Revaluation Reserve

      34,04,215

20. Analytical Ratios and Other Disclosures:

(i)

Percentage of shares held by Government of India

NIL

NIL

NIL

 NIL

 NIL

NIL

(ii)

Earnings per Share (EPS) (in ₹)

(a) Basic EPS  (before and after extraordinary items)

 4.45*

 4.04*

3.85*

 12.22*

 12.53*

             16.98

(b) Diluted EPS (before and after extraordinary items)

 4.40*

 4.00*

3.81*

 12.10*

 12.40*

             16.80

(*) Not Annualised

 

 

 

 Segment Information@
                                                                                                                                                                                                                                                                             (₹ in Lakhs)
 Particulars                                              Quarter ended                                                                                                                 Nine months ended                                                                   Year ended
                          31.12.2025                      30.09.2025                                31.12.2024                                  31.12.2025                                31.12.2024                               31.03.2025
                          Unaudited                       Unaudited                                 Unaudited                                  Unaudited                                 Unaudited                                Audited
 1) Segment Revenue:
                          Treasury                                    1,65,077                                  1,61,544                                  1,64,978                                  5,21,338                                  5,00,431                                  6,69,620
                          Corporate/Wholesale Banking                 3,05,627                                  3,01,787                                  3,02,312                                  9,15,898                                  8,84,306                                11,63,963
                          Retail Banking                              8,55,672                                  8,35,398                                  8,33,102                                25,08,304                                 24,03,931                                 32,38,694
                              a) Digital Banking                        83,139                                    84,554                                    78,544                                 2,51,309                                  2,10,177                                  2,92,497
                              b) Other Retail Banking                7,72,533                                  7,50,844                                  7,54,558                                22,56,995                                 21,93,754                                 29,46,197
                          Other Banking operations                       11,597                                    13,165                                     7,971                                    34,424                                    23,654                                    34,163
                          Unallocated                                     3,310                                        575                                       373                                    4,163                                        848                                    2,714
                          Total Revenue                          13,41,283                                 13,12,469                                 13,08,736                                 39,84,127                                 38,13,170                                 51,09,154
                          Less: Inter Segment Revenue                 4,90,967                                  4,80,323                                  4,89,134                                14,70,132                                 14,25,674                                 19,06,129
                          Income from Operations                   8,50,316                                  8,32,146                                  8,19,602                                25,13,995                                 23,87,496                                 32,03,025
 2) Segment Results (net of provisions):
                          Treasury                                       35,341                                    28,693                                    16,377                                 1,03,753                                     70,081                                    96,214
                          Corporate/Wholesale Banking                    59,505                                    64,230                                    58,333                                 1,72,291                                  1,60,563                                  2,29,183
                          Retail Banking                                 46,231                                    32,113                                    46,202                                 1,08,483                                  1,67,555                                  2,09,145
                              a) Digital Banking                          2,243                                     2,540                                   (8,116)                                     7,504                                        771                                     (466)
                              b) Other Retail Banking                   43,988                                    29,573                                    54,318                                 1,00,979                                  1,66,784                                  2,09,611
                          Other Banking operations                        6,361                                    11,644                                     6,400                                    26,296                                    16,377                                    21,527
                          Unallocated                                     3,310                                        575                                       373                                    4,163                                        848                                    2,714
                          Profit before tax                        1,50,748                                  1,37,255                                  1,27,685                                  4,14,986                                  4,15,424                                  5,58,783
 3) Segment Assets:
                          Treasury                                  98,31,663                                 98,56,435                                 96,93,597                                 98,31,663                                 96,93,597                              1,01,33,992
                          Corporate/Wholesale Banking            1,27,08,731                               1,20,39,784                               1,12,03,917                               1,27,08,731                               1,12,03,917                               1,15,76,113
                          Retail Banking                         1,50,38,292                               1,45,52,276                               1,38,63,141                               1,50,38,292                               1,38,63,141                               1,40,25,857
                              a) Digital Banking                     7,88,136                                  8,15,421                                  7,12,727                                  7,88,136                                  7,12,727                                  7,45,633
                              b) Other Retail Banking           1,42,50,156                               1,37,36,855                               1,31,50,414                               1,42,50,156                               1,31,50,414                               1,32,80,224
                          Other Banking operations                        7,681                                     4,277                                     5,904                                     7,681                                     5,904                                     3,352
                          Unallocated                                 3,28,916                                  3,03,808                                  3,01,403                                  3,28,916                                  3,01,403                                  2,75,877
                          Total                               3,79,15,283                               3,67,56,580                               3,50,67,962                               3,79,15,283                               3,50,67,962                               3,60,15,191
 4) Segment Liabilities:
                          Treasury                                  31,13,135                                 30,81,628                                 44,75,495                                 31,13,135                                 44,75,495                                 38,49,103
                          Corporate/Wholesale Banking               39,97,713                                 37,84,513                                 38,69,911                                 39,97,713                                 38,69,911                                 36,92,572
                          Retail Banking                         2,67,91,740                               2,60,17,415                               2,31,83,119                               2,67,91,740                               2,31,83,119                               2,48,09,367
                              a) Digital Banking                   21,83,288                                 21,36,064                                 17,71,219                                 21,83,288                                 17,71,219                                 19,13,636
                              b) Other Retail Banking           2,46,08,452                               2,38,81,351                               2,14,11,900                               2,46,08,452                               2,14,11,900                               2,28,95,731
                          Other Banking operations                           212                                       203                                       204                                       212                                       204                                       195
                          Unallocated                                 1,76,123                                  1,47,868                                  1,11,332                                  1,76,123                                  1,11,332                                  1,18,643
                          Total                               3,40,78,923                               3,30,31,627                               3,16,40,061                               3,40,78,923                               3,16,40,061                               3,24,69,880
 5) Capital Employed                                             38,36,360                                 37,24,953                                 34,27,901                                 38,36,360                                 34,27,901                                 35,45,311
 6) Total (4 + 5)                                             3,79,15,283                               3,67,56,580                               3,50,67,962                               3,79,15,283                               3,50,67,962                               3,60,15,191

 @                        For the above segment reporting, the reportable segments are identified as
                          Treasury, Corporate/Wholesale Banking, Retail Banking (with Digital Banking
                          and Other Retail Banking as sub-segments) and Other Banking Operations in
                          compliance with the  Reserve Bank of India (RBI) guidelines.

The business  operations of the Bank are substantially concentrated in India
                          and for the purpose of Segment Reporting as per Accounting Standard-17, the
                          bank is considered to operate only in domestic segment.

The Bank has made improvements to the internal transfer pricing methodology
                          aligning to matched maturities for better presentation of the segment
                          information effective from April 01, 2025. Correspondingly the segment
                          information for previous periods have been regrouped / reclassified to conform
                          to current period's presentation. This change in segment information does not
                          impact the segment identification, overall Revenue, Results, Assets,
                          Liabilities and Capital Employed of the Bank for the quarter and nine months
                          ended December 31, 2025, or for the previous periods.

                          Notes:
 1                        The above Consolidated Unaudited Financial Results for the quarter and nine
                          months ended December 31, 2025 were approved by the Board of Directors at its
                          meeting held on January 16, 2026. These financial results have been subjected
                          to limited review by the Joint Statutory Auditors of the Bank and an
                          unmodified review report has been issued.

 2                        The above Financial Results of the group have been prepared in accordance with
                          the provisions of the Banking Regulation Act, 1949, Generally Accepted
                          Accounting Principles in India, including Accounting Standards as specified
                          under Section 133 of the Companies Act, 2013, Regulation 33 of the Securities
                          and Exchange Board of India (SEBI) Listing Obligations and Disclosure
                          Requirements Regulations, 2015, as amended and the guidelines issued by the
                          RBI.

 3                        The Consolidated Financial Results of the Group comprise the financial results
                          of The Federal Bank Limited and its subsidiaries viz. Fedbank Financial
                          Services Limited & Federal Operations and Services Limited and its
                          associate Ageas Federal Life Insurance Company Limited.

During the quarter ended December 31, 2024, the Bank sold 61,50,000 equity
                          shares of Equirus Capital Private Limited (ECPL), an associate entity of the
                          Bank. Following the sale, the shareholders' agreement between the Bank, ECPL,
                          and the promoter of ECPL was terminated and ECPL ceased to be an associate
                          entity of the Bank with effect from November 15, 2024.

 4                        There has been no material change in the significant accounting policies
                          applied in the preparation of these financial results with those followed in
                          the annual financial statements for the year ended March 31, 2025.

 5                        Other income includes fees earned from providing services to customers,
                          commission from non-fund-based banking activities, earnings from foreign
                          exchange and derivative transactions, selling of third-party products, profit
                          / loss on sale of investments / fixed assets, profit / loss on revaluation of
                          investments, recoveries from advances written off, etc.

 6                        As per extant RBI guidelines, banks are required to make Pillar 3 disclosures
                          including leverage ratio, liquidity coverage ratio and Net Stable Funding
                          Ratio (NSFR) under the Basel III Capital Regulations. Accordingly, such
                          applicable disclosures have been placed on the website of the Bank which can
                          be accessed at the following link:
                          https://www.federal.bank.in/regulatory-disclosures. These disclosures have not
                          been subjected to audit or review by the Joint Statutory Auditors of the Bank.

 7                        During the quarter ended December 31, 2025, the Bank has acquired 3,20,00,000
                          equity shares of Ageas Federal Life Insurance Company Limited (associate
                          company) from Ageas Insurance International NV, for a consideration of Rs.
                          30.45 per share. Total consideration paid was Rs.97,44.00 lakhs, Pursuant to
                          this acquisition, the Bank now holds 30% shareholding in Ageas Federal Life
                          Insurance Company Limited, on a fully diluted basis.

 8                        Previous period's figures have been regrouped / reclassified, wherever
                          necessary to conform to current period's classification.

                                                                                                     KRISHNAN VENKAT SUBRAMANIAN
 Mumbai                                                                                              MANAGING DIRECTOR & CEO
 January 16, 2026                                                                                    (DIN: 00031794)

 

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