Indbank Merchant Banking Services Ltd Q1 FY2022-23 loss at Rs. 68.79 lakhs

Indbank Merchant Banking Services Limited has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 7.3896 crores during the period ended June 30, 2022 as compared to Rs. 5.0660 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -0.6879 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 1.1787 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.16 for the period ended June 30, 2022 as compared to Rs. 0.27 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 7.3896 crs	₹5.0660 crs	45.87%
Net Profit	₹-0.6879 crs	₹1.1787 crs	-158.36%
EPS	₹-0.16	₹0.27	-159.26%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 7.3896 crores during the period ended June 30, 2022 as compared to Rs.4.7426 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-0.6879 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.1.3568 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.16 for the period ended June 30, 2022 as compared to Rs.0.31 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 7.3896 crs	₹4.7426 crs	55.81%
Net Profit	₹-0.6879 crs	₹1.3568 crs	-150.70%
EPS	₹-0.16	₹0.31	-151.61%

Shares of Indbank Merchant Banking Services Limited was last trading in BSE at Rs. 21.15 as compared to the previous close of Rs. 20.85. The total number of shares traded during the day was 5439 in over 161 trades.

The stock hit an intraday high of Rs. 21.30 and intraday low of 21.00. The net turnover during the day was Rs. 115136.00.

Source : Equity Bulls

Keywords

IndbankMerchantBankingServices Q1FY23 ResultUpdate