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Indbank Merchant Banking Services standalone net profit declines 54.30% in the December 2024 quarter
(22 Jan 2025, 07:26)
Net profit of Indbank Merchant Banking Services declined 54.30% to Rs 1.17 crore in the quarter ended December 2024 as against Rs 2.56 crore during the previous quarter ended December 2023. Sales declined 14.70% to Rs 5.63 crore in the quarter ended December 2024 as against Rs 6.60 crore during the previous quarter ended December 2023.

ParticularsQuarter Ended
Dec. 2024Dec. 2023% Var.
Sales5.636.60 -15
OPM %36.0650.91 -
PBDT2.003.37 -41
PBT1.893.27 -42
NP1.172.56 -54

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