Indbank Merchant Banking Services reports standalone net profit of Rs 1.33 crore in the March 2015 quarter

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Sales rise 70.34% to Rs 2.01 crore
Net profit of Indbank Merchant Banking Services reported to Rs 1.33 crore in the quarter ended March 2015. There were no net profit/loss reported during the previous quarter ended March 2014. Sales rose 70.34% to Rs 2.01 crore in the quarter ended March 2015 as against Rs 1.18 crore during the previous quarter ended March 2014.For the full year,net profit rose 1563.33% to Rs 4.99 crore in the year ended March 2015 as against Rs 0.30 crore during the previous year ended March 2014. Sales rose 41.45% to Rs 8.60 crore in the year ended March 2015 as against Rs 6.08 crore during the previous year ended March 2014.
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First Published: May 12 2015 | 8:21 AM IST