Fedbank Financial Services profit jumps 40%, business grows fast

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HomeMarket NewsFedbank Financial Services profit jumps 40%, business grows fast—but stock slips

Fedbank Financial Services reports 40.3% jump in Q4 net profit, strong NII and AUM growth. Shares of Fedbank Financial Services ended lower on Tuesday, April 28, by 3.89% at ₹151.00 on the NSE.

By Megha Rani  April 28, 2026, 5:29:08 PM IST (Published)

Fedbank Financial Services reported a strong March quarter performance with net profit rising 40.3% year-on-year to ₹100.5 crore, compared to ₹71.7 crore in the same period last year.

According to a filing, net interest income (NII) grew 23% YoY to ₹348.8 crore from ₹283.3 crore, reflecting steady business momentum.

The company's assets under management (AUM) increased 27.5% YoY to ₹20,153 crore in Q4 FY26.

The company also continued its network expansion, commissioning 34 new branches during the quarter, taking the total number of branches added in FY26 to 148, as per the exchange filing.

Shares of Fedbank Financial Services ended lower on Tuesday, April 28, by 3.89% at ₹151.00 on the NSE.

Earlier this month, the company allotted 21,000 equity shares under its ESOP scheme on April 1, 2026. Following the allotment, the paid-up share capital increased from ₹3,74,20,61,010 (37,42,06,101 equity shares) to ₹3,74,22,71,010 (37,42,27,101 equity shares), with each share having a face value of ₹10.

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