The Federal Bank Ltd (BOM:500469)
₹ 196.6 -1.15 (-0.58%) Market Cap: 482.70 Bil Enterprise Value: 581.54 Bil PE Ratio: 11.67 PB Ratio: 1.48 GF Score: 86/100

Q2 2024 Federal Bank Ltd Earnings Call Transcript

Oct 16, 2023 / 10:00AM GMT
Release Date Price: ₹148.45 (-0.70%)
Operator

Ladies and gentlemen, good day, and welcome to the Q2 FY '24 Earnings Conference Call of the Federal Bank Limited. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Souvik Roy, Head, Investor Relations, the Federal Bank Limited. Thank you, and over to you, sir.

Souvik Roy

Thank you. And ladies and gentlemen, thank you for joining us on this busy results afternoon. We hope you've had a chance to review our latest quarterly figures. It's my pleasure to share that we have had an outstanding quarter, and I would like to highlight some key points.

First and foremost, we have reported broad-based growth across all segments and businesses, which is a clear sign that our strategies are yielding positive results. In particular, our net profit number for this quarter is the highest we have ever achieved. Our ROA continues to trend well. And our ROA certainly underscores our commitment to efficient and sustainable operations.

We have also successfully completed a significant capital

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