Indbank Merchant Banking Services net profit rises 288.89% in the December 2013 quarter

Sales rise 21.09% to Rs 1.55 crore

Net profit of Indbank Merchant Banking Services rose 288.89% to Rs 0.70 crore in the quarter ended December 2013 as against Rs 0.18 crore during the previous quarter ended December 2012. Sales rose 21.09% to Rs 1.55 crore in the quarter ended December 2013 as against Rs 1.28 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales1.551.28 21 OPM %21.940 -PBDT0.880.47 87 PBT0.710.27 163 NP0.700.18 289

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