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Indbank Merchant Banking Services standalone net profit rises 11.72% in the September 2021 quarter

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Capital Market

Sales rise 22.26% to Rs 4.01 crore

Net profit of Indbank Merchant Banking Services rose 11.72% to Rs 1.43 crore in the quarter ended September 2021 as against Rs 1.28 crore during the previous quarter ended September 2020. Sales rose 22.26% to Rs 4.01 crore in the quarter ended September 2021 as against Rs 3.28 crore during the previous quarter ended September 2020. ParticularsQuarter EndedSep. 2021Sep. 2020% Var.Sales4.013.28 22 OPM %38.6537.20 -PBDT1.901.69 12 PBT1.851.65 12 NP1.431.28 12

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First Published: Oct 12 2021 | 5:00 PM IST

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