Reuters Market Eye - Federal Bank's
Net profit was at 2.22 billion rupees in the quarter ended March 31, versus 2.38 billion rupees in the same period last year, the firm said in a regulatory filing.
Provisions rose more than six-fold to 981.8 million rupees in the quarter.
Shares of the bank down 3 percent while the broader BSE Sensex up 0.29 percent.
(Reporting by Archana Narayanan)