The income from operation of Fedbank Financial Services increased 28% to Rs 523.22 crore in Q4FY2025. Overall OPM eased to 66.1% in Q4FY2025 from 66.5% in Q4FY2024, leading to 28% rise in operating profit to Rs 346.05 crore.
Other income declined 29% to Rs 14.25 crore. Interest cost increased 25% to Rs 215.87 crore. Depreciation moved up 40% to Rs 13.25 crore. The provisions of the company jumped 83% to Rs 32.53 crore, leading to 9% rise in the PBT to Rs 98.65 crore. The effective tax rate rose to 27.4% in Q4FY2025 compared to 25.5% in Q4FY2024. Provision for tax was expense of Rs 27.0 crore, compared to Rs 23.19 crore. Profit after tax increased 6% to Rs 71.65 crore. Business highlights
AUM of the company hasincreased 30% to Rs 15812 crore end March 2025. Disbursements increased 29% toRs 5578 crore. The company has network of 694 branches manned by 4568 employees end March 2025. Spreads improved on sequential basis to 8.2% in Q4FY2025 from 8.1% in Q3FY2025. Branch count increased to 694, spread across 18 states and union territories. Gross Stage III increased from 1.8% in Q3FY25 to 2.0% in Q4FY25, the Net Stage III came in at 1.2%. Credit cost for Q4 FY25 came in at 1%.
Financial Performance FY2025
The income from operation of Fedbank Financial Services increased 29% to Rs 2035.79 crore in FY2025. Overall OPM improved to 67.7% in FY2025 from 67.5% in FY2024, leading to 29% rise in operating profit to Rs 1378.71 crore. Other income declined 4% to Rs 44.03 crore. Interest cost increased 26% to Rs 853.78 crore. Depreciation moved up 31% to Rs 48.85 crore. However, the provisions zoomed 229% to Rs 216.35 crore leading to 7% decline in the PBT to Rs 303.75 crore. The effective tax rate rose slightly to 25.9% in FY2025 compared to 25.4% in FY2024. Provision for tax was expense of Rs 78.57 crore, compared to Rs 83.38 crore. Profit after tax fell 8% to Rs 225.18 crore.
| Fedbank Financial Services: Results |
| Particulars | 2503 (3) | 2403 (3) | Var % | 2503 (12) | 2403 (12) | Var % |
| Income from Operations | 523.22 | 407.58 | 28 | 2035.79 | 1577.21 | 29 |
| OPM (%) | 66.1 | 66.5 | ' | 67.7 | 67.5 | ' |
| OP | 346.05 | 271.23 | 28 | 1378.71 | 1065.05 | 29 |
| Other Inc. | 14.25 | 20.15 | -29 | 44.03 | 45.79 | -4 |
| PBDIT | 360.30 | 291.38 | 24 | 1422.74 | 1110.84 | 28 |
| Interest | 215.87 | 173.32 | 25 | 853.78 | 679.56 | 26 |
| PBDT | 144.43 | 118.06 | 22 | 568.96 | 431.28 | 32 |
| Provisions | 32.53 | 17.73 | 83 | 216.36 | 65.85 | 229 |
| Depreciation | 13.25 | 9.48 | 40 | 48.85 | 37.35 | 31 |
| PBT before EO | 98.65 | 90.85 | 9 | 303.75 | 328.08 | -7 |
| EO | 0.00 | 0.00 | - | 0.00 | 0.00 | - |
| PBT after EO | 98.65 | 90.85 | 9 | 303.75 | 328.08 | -7 |
| Tax Expenses | 27.00 | 23.19 | 16 | 78.57 | 83.38 | -6 |
| PAT | 71.65 | 67.66 | 6 | 225.18 | 244.70 | -8 |
| EPS (Rs)* | 7.7 | 7.3 | ' | 6.0 | 6.6 | ' |
| Adj BV (Rs) | 64.5 | 57.7 | ' | 64.5 | 57.7 | ' |
| * Annualized on current equity of Rs 372.72 crore. Face Value: Rs 10, Figures in Rs crore |
| Source: Capitaline Corporate Database |
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