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Indbank Merchant Banking Services standalone net profit declines 54.30% in the December 2024 quarter

Sales decline 14.70% to Rs 5.63 crore

Net profit of Indbank Merchant Banking Services declined 54.30% to Rs 1.17 crore in the quarter ended December 2024 as against Rs 2.56 crore during the previous quarter ended December 2023. Sales declined 14.70% to Rs 5.63 crore in the quarter ended December 2024 as against Rs 6.60 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var.Sales5.636.60 -15 OPM %36.0650.91 -PBDT2.003.37 -41 PBT1.893.27 -42 NP1.172.56 -54

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First Published: Jan 22 2025 | 7:26 AM IST

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