Indbank Merchant Banking Services standalone net profit declines 74.62% in the September 2018 quarter

Sales decline 31.91% to Rs 1.92 crore

Net profit of Indbank Merchant Banking Services declined 74.62% to Rs 0.33 crore in the quarter ended September 2018 as against Rs 1.30 crore during the previous quarter ended September 2017. Sales declined 31.91% to Rs 1.92 crore in the quarter ended September 2018 as against Rs 2.82 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales1.922.82 -32 OPM %1.0436.52 -PBDT0.341.42 -76 PBT0.281.29 -78 NP0.331.30 -75

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