The Federal Bank Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported net interest income was INR 21,126 million compared to INR 16,341.8 million a year ago. Net income was INR 8,432.5 million compared to INR 5,397.7 million a year ago. Basic earnings per share from continuing operations was INR 3.99 compared to INR 2.57 a year ago. Diluted earnings per share from continuing operations was INR 3.94 compared to INR 2.55 a year ago.
For the nine months, net interest income was INR 57,618.2 million compared to INR 47,658 million a year ago. Net income was INR 22,108.1 million compared to INR 13,822.5 million a year ago. Basic earnings per share from continuing operations was INR 10.49 compared to INR 6.72 a year ago. Diluted earnings per share from continuing operations was INR 10.39 compared to INR 6.67 a year ago.