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Indbank Merchant Banking Services standalone net profit rises 168.06% in the September 2016 quarter

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Capital Market

Sales rise 43.26% to Rs 2.55 crore

Net profit of Indbank Merchant Banking Services rose 168.06% to Rs 1.93 crore in the quarter ended September 2016 as against Rs 0.72 crore during the previous quarter ended September 2015. Sales rose 43.26% to Rs 2.55 crore in the quarter ended September 2016 as against Rs 1.78 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales2.551.78 43 OPM %41.5718.54 -PBDT2.130.89 139 PBT2.010.72 179 NP1.930.72 168

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First Published: Nov 10 2016 | 4:47 PM IST

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