India's private sector bank, Federal Bank has recorded an increase of 7.9 per cent in net profit to Rs. 838.17 crore during the financial year 2012-2013 compared to the previous financial year.

The bank said that its total income recorded an increase of 12.17 per cent to Rs. 6832.01 crore during the financial year March, 2013 compared to the financial year till March, 2012. The bank's crucial net non-performing assets
(NPA) to net advances were recorded at 0.98 per cent as on 31 March, 2013 compared to 0.92 per cent recorded on 31 March, 2012.

The ratio of ratio of gross NPA to gross advances of the bank was recorded at the level of 3.44 per cent on 31 March 2013, compared to 3.35 per cent recorded on 31 March 2012. The bank's Capital Adequacy Ratio (CAR) as per Basel II norms was recorded at 14.73 per cent on 31 March 2013, compared to 16.64 per cent as on 31 March 2012.

Meanwhile, the total provisions and contingencies of the bank increased 533.01 per cent to Rs 98.18 crore during the fourth quarter till March, 2013 compared to fourth quarter of the previous financial year till March, 2012.

Federal bank had 1103 branches and 1187 ATMs as on 31 March, 2013 compared to 950 branches and 1005 ATMs in the previous year.