Net profit of Fedbank Financial Services rose 11.76% to Rs 64.55 crore in the quarter ended September 2024 as against Rs 57.76 crore during the previous quarter ended September 2023. Sales rose 29.94% to Rs 512.98 crore in the quarter ended September 2024 as against Rs 394.79 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales512.98394.79 30 OPM %59.7163.47 - PBDT98.1986.84 13 PBT86.4277.37 12 NP64.5557.76 12 Powered by Capital Market - Live News

Fedbank Financial Services will hold a meeting of the Board of Directors of the Company on 23 October 2024.Powered by Capital Market - Live News

The Board of Fedbank Financial Services at its meeting held on 24 September 2024 has approved the appointment of Sonal Dave as an Additional Director (in the capacity of Independent Director) of the Company for a term of 5 years with effect from 24 September 2024. The Board of Directors of the Company have taken note of the completion of the term of K. Balakrishnan (DIN: 00034031) as Chairman of the Board on 24 September 2024 i.e. today. Powered by Capital Market - Live News

Fedbank Financial Services has allotted 1,32,500 equity shares under ESOS on 20 September 2024. As a result of the allotment, the paid-up share capital of the Company has accordingly increased from Rs. 3,71,78,67,030 consisting of 37,17,86,703 equity shares having a face value of Rs. 10/- each to Rs. 3,71,91,92,030 consisting of 37,19,19,203 equity shares having a face value of Rs. 10/- each. Powered by Capital Market - Live News

Fedbank Financial Services announced that the Annual General Meeting (AGM) of the bank will be held on 19 September 2024.Powered by Capital Market - Live News