Federal Bank registered a 32.31 per cent rise in net profit at Rs.776.79 crore for 2011-12. Total income grew by 33.31 per cent to Rs.6,090.73 crore from Rs.4,568.84 crore in the previous year. Net NPAs stood at Rs.199 crore. Interest earned for the year increased by 37.18 per cent to Rs.5,558.39 crore from Rs.4,052.03 crore as on March 31, 2011. Total business of the bank reached Rs.86,693.11 crore, showing an increase of 15.64 per cent on year-on-year.
The capital adequacy ratio stands at a comfortable level of 16.64 per cent as on March 31, 2012.
The directors have recommended a dividend of Rs.9 per share of Rs.10 for 2011-12 against Rs.8.50 per share in the previous year.
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