New Delhi, Aug. 4 -- Shares of Federal Bank crashed 6% in Monday's intraday trade, hitting a 14-week low of Rs.185 apiece after the bank's June-quarter numbers came in below Street estimates. The performance was weighed down by a significant jump in provisions, elevated credit costs, and higher slippages. However, the stock has recovered smartly from intraday lows and is now trading with a mild 0.20% decline at Rs.195 as of noon.

Slippages increased to Rs.6.6 billion from Rs.4.9 billion in Q4FY25, mainly due to higher stress in the MFI segment. The GNPA and NNPA ratios deteriorated marginally to 1.91% and 0.48%, respectively, compared to 1.84% and 0.44% in the previous quarter. Provisions grew 177.4% YoY to Rs.400 crore, with credit cost...