Indbank Merchant Banking Services standalone net profit rises 5.11% in the June 2017 quarter

Sales rise 36.86% to Rs 3.23 crore

Net profit of Indbank Merchant Banking Services rose 5.11% to Rs 1.85 crore in the quarter ended June 2017 as against Rs 1.76 crore during the previous quarter ended June 2016. Sales rose 36.86% to Rs 3.23 crore in the quarter ended June 2017 as against Rs 2.36 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales3.232.36 37 OPM %50.7737.71 -PBDT1.961.96 0 PBT1.861.82 2 NP1.851.76 5

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