Indbank Merchant Banking Services standalone net profit rises 100.00% in the March 2022 quarter

20 Apr 2022 , 05:01 PM

Net profit of Indbank Merchant Banking Services rose 100.00% to Rs 1.18 crore in the quarter ended March 2022 as against Rs 0.59 crore during the previous quarter ended March 2021. Sales rose 30.46% to Rs 4.24 crore in the quarter ended March 2022 as against Rs 3.25 crore during the previous quarter ended March 2021.

For the full year,net profit rose 71.43% to Rs 6.96 crore in the year ended March 2022 as against Rs 4.06 crore during the previous year ended March 2021. Sales rose 46.79% to Rs 17.63 crore in the year ended March 2022 as against Rs 12.01 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	4.24	3.25	30	17.63	12.01	47
OPM %	32.55	13.23	–	19.06	-7.16	–
PBDT	1.82	0.80	128	8.75	5.08	72
PBT	1.77	0.75	136	8.55	4.89	75
NP	1.18	0.59	100	6.96	4.06	71

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