Indbank Merchant Banking Services reports net loss of Rs 0.28 crore in the March 2013 quarter

Net loss of Indbank Merchant Banking Services reported to Rs 0.28 crore in the quarter ended March 2013 as against net profit of Rs 0.51 crore during the previous quarter ended March 2012. Sales declined 14.77% to Rs 1.27 crore in the quarter ended March 2013 as against Rs 1.49 crore during the previous quarter ended March 2012.

For the Audited full year,net profit rose 563.64% to Rs 0.73 crore in the year ended March 2013 as against Rs 0.11 crore during the previous year ended March 2012. Sales declined 25.11% to Rs 5.25 crore in the year ended March 2013 as against Rs 7.01 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales1.271.49 -15 5.257.01 -25 OPM %-25.20-137.58 82 -22.48-26.39 15 PBDT0.023.92 -99 1.304.46 -71 PBT-0.183.82 PL 0.603.93 -85 NP-0.280.51 PL 0.730.11 564

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