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Indbank Merchant Banking Services Ltd Q1 FY24; 54% rise in Revenue

Incorporated in 1989, Indbank Merchant Banking Services Ltd. is engaged in Merchant Banking, Stock Broking, Depository Participant and allied activities.

Financial Results:

  • Indbank Merchant Banking Services Ltd reported Revenues for Q1FY24 of ₹5.42 Crores up from ₹3.51 Crore year on year, a rise of 54.42%.
  • Total Expenses for Q1FY24 of ₹3.46 Crores down from ₹7.27 Crores year on year, a fall of 52.41%.
  • Consolidated Net Profit of ₹1.52 Crores from -₹0.69 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.34, from -₹0.16 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Banking
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