Federal bank Q1 net up by 18.33 percent

Mumbai, Jul 22(UNI) Private sector lender, Federal Bank Ltd has reported a rise of 18.33 percent in its standalone net profit at Rs 167.31 crore for the quarter ended June 30, 2016 as compared to Rs 141.39 crore for the quarter ended June 30, 2015.
Total Income has increased from Rs 2107.09 crore for the quarter ended June 30, 2015 to Rs 2250.81 crore for the quarter ended June 30, 2016, up by 6.79 percent.
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