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Indbank Merchant Banking Services standalone net profit declines 32.08% in the December 2015 quarter

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Capital Market

Sales decline 26.56% to Rs 1.41 crore

Net profit of Indbank Merchant Banking Services declined 32.08% to Rs 0.72 crore in the quarter ended December 2015 as against Rs 1.06 crore during the previous quarter ended December 2014. Sales declined 26.56% to Rs 1.41 crore in the quarter ended December 2015 as against Rs 1.92 crore during the previous quarter ended December 2014. ParticularsQuarter EndedDec. 2015Dec. 2014% Var.Sales1.411.92 -27 OPM %10.6441.67 -PBDT0.881.39 -37 PBT0.751.23 -39 NP0.721.06 -32

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First Published: Feb 08 2016 | 4:05 PM IST

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