Mumbai, January 28, 2025 – Fedbank Financial Services Limited (NSE: FEDFINA, BSE: 544027) has announced its Q3 FY25 financial results, posting a 29.1% year-on-year (YoY) increase in revenue, reaching ₹1,553.13 crore, while net profit stood at ₹187.6 crore, reflecting continued expansion in secured lending and credit business. The company also confirmed no defaults on loans or debt securities, reaffirming its strong financial position.
Key Financial Highlights – Q3 FY25 (Standalone)
| Metric | Q3 FY25 | Q3 FY24 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹1,553.13 crore | ₹1,203.74 crore | +29.1% |
| Total Income | ₹1,555.31 crore | ₹1,207.33 crore | +28.8% |
| Net Profit (PAT) | ₹187.6 crore | ₹155.3 crore | +20.8% |
| Earnings Per Share (EPS) | ₹4.14 | ₹3.42 | +21.1% |
| Net Interest Margin (NIM) | 7.8% | 7.4% | +40 bps |
| Gross NPA Ratio | 1.88% | 2.19% | -31 bps |
| Net NPA Ratio | 1.04% | 1.66% | -62 bps |
- Revenue: ₹4,655.13 crore (+27.5% YoY).
- Net Profit: ₹563.4 crore (+18.9% YoY).
Operational Highlights & Business Growth
1. Secured Lending Expansion & Loan Portfolio Growth
- Mortgage Loans: ₹9,834 crore, contributing 58.2% of total loan book.
- Gold Loans: ₹4,726 crore, witnessing a 14% sequential increase.
- SME & Business Loans: ₹2,542 crore, growing steadily across Tier-2 & Tier-3 cities.
2. Asset Quality & Risk Management
- Gross NPAs improved to 1.88% from 2.19% YoY, showing better portfolio quality.
- Provision Coverage Ratio (PCR) at 45.17%, ensuring credit risk protection.
3. Digital Transformation & Loan Disbursement Efficiency
- 70% of loan applications are processed through digital platforms.
- AI-driven risk assessment tools implemented to improve lending accuracy.
Key Financial & Compliance Announcements
- No Defaults on Loans or Debt Securities
- Outstanding debt of ₹3,750 crore fully serviced, with no overdue obligations.
- Liquidity Coverage Ratio (LCR) at 166%, exceeding RBI requirements.
- Credit Rating Upgrade by CRISIL
- The non-convertible Debt (NCD) rating was upgraded from AA (Positive) to AA+ (Stable).
- No Related Party Transactions or Financial Deviations Reported
- Full compliance with SEBI and RBI regulations.
- No material deviations in fund utilization.
Management Commentary
Parez Mulla, Managing Director & CEO of Fedbank Financial Services, stated:"Our strong revenue growth and disciplined risk management strategy have ensured continued profitability. We remain committed to expanding secured lending while improving asset quality."
Strategic Outlook & Market Positioning
- Focus on expanding gold loans and mortgage lending in rural & semi-urban India.
- Investment in AI-driven underwriting to enhance credit risk monitoring.
- Strengthening fintech partnerships for faster digital loan approvals.