INDBANK Q2 : STANDALONE NET PROFIT DOWN 13% AT ₹1.61 CR (YOY), DOWN 32% (QOQ). WEAK (ON 1ST LOOK)

Revenue up 1.3% at ₹6.36 Cr (YOY), down 7.9% (QOQ). Profit before tax down 11.6% at ₹2.22 Cr (YOY), down 27.9% (QOQ). EPS ₹0.36 v ₹0.42 (YOY), ₹0.54 (QOQ). H1 PAT down 0.1% at ₹3.99 Cr (YOY); H1 total income up 2.5% at ₹13.31 Cr.

Indbank Merchant Banking Services Limited

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