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Indbank Merchant Banking Services standalone net profit rises 97.53% in the December 2020 quarter

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Capital Market

Sales rise 32.65% to Rs 2.60 crore

Net profit of Indbank Merchant Banking Services rose 97.53% to Rs 1.60 crore in the quarter ended December 2020 as against Rs 0.81 crore during the previous quarter ended December 2019. Sales rose 32.65% to Rs 2.60 crore in the quarter ended December 2020 as against Rs 1.96 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales2.601.96 33 OPM %-134.6222.45 -PBDT1.160.92 26 PBT1.110.83 34 NP1.600.81 98

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First Published: Jan 12 2021 | 5:18 PM IST

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