Indbank Merchant Banking Services standalone net profit declines 54.40% in the March 2025 quarter

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Sales decline 22.59% to Rs 5.31 crore
Net profit of Indbank Merchant Banking Services declined 54.40% to Rs 1.14 crore in the quarter ended March 2025 as against Rs 2.50 crore during the previous quarter ended March 2024. Sales declined 22.59% to Rs 5.31 crore in the quarter ended March 2025 as against Rs 6.86 crore during the previous quarter ended March 2024.For the full year,net profit declined 6.00% to Rs 8.46 crore in the year ended March 2025 as against Rs 9.00 crore during the previous year ended March 2024. Sales rose 7.46% to Rs 26.78 crore in the year ended March 2025 as against Rs 24.92 crore during the previous year ended March 2024.
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First Published: Apr 25 2025 | 7:34 AM IST