Indbank Merchant Banking Services standalone net profit rises 88.37% in the December 2019 quarter

Sales rise 7.69% to Rs 1.96 crore

Net profit of Indbank Merchant Banking Services rose 88.37% to Rs 0.81 crore in the quarter ended December 2019 as against Rs 0.43 crore during the previous quarter ended December 2018. Sales rose 7.69% to Rs 1.96 crore in the quarter ended December 2019 as against Rs 1.82 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales1.961.82 8 OPM %22.455.49 -PBDT0.920.52 77 PBT0.830.46 80 NP0.810.43 88

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