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Indian Bank Q1FY25; 39% rise in Profits

Indian Bank is a medium-sized bank which was started in 1907. It offers deposits, loans and services. The Bank’s segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations.

Financial Results:

Indian Bank reported Revenues for Q1FY25 of ₹15,041.00 Crores up from ₹13,050.00 Crore year on year, a rise of 15.26%.

Total Expenses for Q1FY25 of ₹13,855.00 Crores up from ₹12,507.00 Crores year on year, a rise of 10.78%.

Consolidated Net Profit of ₹2,571.00 Crores up 38.97% from ₹1,850.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹19.08, up 28.48% from ₹14.85 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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