Indbank Merchant Banking Services Ltd Q2FY22 PAT higher at Rs. 1.43 crore

The Board of Directors of Indbank Merchant Banking Services Limited, at its meeting held today have approved the unaudited Standalone financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 4.7381 crore, against ₹4.1397 crore in the corresponding quarter of the previous year (YoY) and ₹4.7426 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹1.4343 crore, against ₹1.2836 crore in the corresponding quarter of the previous year (YoY) and ₹1.3568 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.32, against ₹0.29 in the corresponding quarter of the previous year (YoY) and ₹0.31 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 4.7381 crs	₹4.7426 crs	-0.09%	₹4.1397 crs	14.46%
Net Profit	₹1.4343 crs	₹1.3568 crs	5.71%	₹1.2836 crs	11.74 %
EPS	₹0.32	₹0.31	3.23%	₹0.29	10.34%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹9.4807 crore, against ₹7.8238 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹2.7911 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹1.8667 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.63 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹0.42 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹9.4807 crs	₹7.8238 crs	21.18%
Net Profit	₹2.7911 crs	₹1.8667 crs	49.52%
EPS	₹0.63	₹0.42	50.00%

Shares of Indbank Merchant Banking Services Limited was last trading in BSE at Rs. 27.15 as compared to the previous close of Rs. 26.50. The total number of shares traded during the day was 46254 in over 432 trades.

The stock hit an intraday high of Rs. 27.80 and intraday low of 25.65. The net turnover during the day was Rs. 1238474.00.

Source : Equity Bulls

Keywords

IndbankMerchantBankingServices Q2FY22 H1FY22 ResultUpdate