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Q2 2023 Federal Bank Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to the Q3 -- sorry, Q2 FY '23 Earnings Conference Call of The Federal Bank Limited.
(Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Souvik Roy, Head Investor Relations, The Federal Bank Limited. Thank you, and over to you, sir.
Thank you so much, Aman. Good evening, everyone, and thanks for joining us on this call to discuss our Q2 numbers. I'm sure you all had a chance to go through our numbers and our investor deck for the quarter that went by. This has been a very good quarter for the bank. We continue to move forward with clarity and intent in the quarter, whether external signals were sort of mixed.
We saw strong momentum in credit growth, which was across business verticals. Our balance sheet crossed the milestone figure of INR 3.5 lakh crore. We also clocked the highest-ever operating profit, highest-ever net profit. We saw better NIMs, better asset quality and a multiyear high
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