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Indbank Merchant Banking Services standalone net profit rises 10.69% in the June 2016 quarter

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Capital Market

Sales decline 1.26% to Rs 2.36 crore

Net profit of Indbank Merchant Banking Services rose 10.69% to Rs 1.76 crore in the quarter ended June 2016 as against Rs 1.59 crore during the previous quarter ended June 2015. Sales declined 1.26% to Rs 2.36 crore in the quarter ended June 2016 as against Rs 2.39 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales2.362.39 -1 OPM %36.8644.77 -PBDT1.941.76 10 PBT1.801.59 13 NP1.761.59 11

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First Published: Aug 06 2016 | 5:54 PM IST

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