Federal Bank net surges 22% to Rs 102.92 cr

New Delhi, Jan 25 (UNI) Federal Bank Ltd today said its net profit has increased 22 per cent to Rs 102.92 crore for the third quarter ended December 2007, as compared to Rs 83.84 crore in the corresponding quarter last year.

Total income has seen a 47 per cent hike at Rs 733.61 crore during FYQ308, from Rs 498.57 crore in the same period a year ago, a statement said.

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