Indbank Merchant Banking Services standalone net profit declines 32.64% in the September 2017 quarter

Sales rise 10.59% to Rs 2.82 crore

Net profit of Indbank Merchant Banking Services declined 32.64% to Rs 1.30 crore in the quarter ended September 2017 as against Rs 1.93 crore during the previous quarter ended September 2016. Sales rose 10.59% to Rs 2.82 crore in the quarter ended September 2017 as against Rs 2.55 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales2.822.55 11 OPM %36.5241.57 -PBDT1.422.13 -33 PBT1.292.01 -36 NP1.301.93 -33

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