Results     22-Apr-23
Announcements
Indbank Merchant Banking Services standalone net profit declines 54.24% in the March 2023 quarter
Sales decline 17.25% to Rs 4.22 crore
Net profit of Indbank Merchant Banking Services declined 54.24% to Rs 0.54 crore in the quarter ended March 2023 as against Rs 1.18 crore during the previous quarter ended March 2022. Sales declined 17.25% to Rs 4.22 crore in the quarter ended March 2023 as against Rs 5.10 crore during the previous quarter ended March 2022.

For the full year,net profit declined 49.71% to Rs 3.50 crore in the year ended March 2023 as against Rs 6.96 crore during the previous year ended March 2022. Sales declined 11.45% to Rs 18.26 crore in the year ended March 2023 as against Rs 20.62 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales4.225.10 -17 18.2620.62 -11
OPM %27.7343.73 -17.8031.18 -
PBDT1.131.82 -38 5.458.75 -38
PBT1.041.77 -41 5.088.55 -41
NP0.541.18 -54 3.506.96 -50

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