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Sales decline 22.59% to Rs 5.31 crore
Indbank Merchant Banking Services standalone net profit declines 54.40% in the March 2025 quarter
25-Apr-2025, 07:34
Net profit of Indbank Merchant Banking Services declined 54.40% to Rs 1.14 crore in the quarter ended March 2025 as against Rs 2.50 crore during the previous quarter ended March 2024. Sales declined 22.59% to Rs 5.31 crore in the quarter ended March 2025 as against Rs 6.86 crore during the previous quarter ended March 2024.
Net profit of Indbank Merchant Banking Services declined 54.40% to Rs 1.14 crore in the quarter ended March 2025 as against Rs 2.50 crore during the previous quarter ended March 2024. Sales declined 22.59% to Rs 5.31 crore in the quarter ended March 2025 as against Rs 6.86 crore during the previous quarter ended March 2024.
For the full year,net profit declined 6.00% to Rs 8.46 crore in the year ended March 2025 as against Rs 9.00 crore during the previous year ended March 2024. Sales rose 7.46% to Rs 26.78 crore in the year ended March 2025 as against Rs 24.92 crore during the previous year ended March 2024.
| Particulars | Quarter Ended | Year Ended | ||||
| Mar. 2025 | Mar. 2024 | % Var. | Mar. 2025 | Mar. 2024 | % Var. | |
| Sales | 5.31 | 6.86 | -23 | 26.78 | 24.92 | 7 |
| OPM % | 31.26 | 48.25 | - | 44.92 | 48.48 | - |
| PBDT | 1.62 | 3.30 | -51 | 11.94 | 12.03 | -1 |
| PBT | 1.52 | 3.21 | -53 | 11.50 | 11.65 | -1 |
| NP | 1.14 | 2.50 | -54 | 8.46 | 9.00 | -6 |
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