Stock Report

Indbank Merchant Banking Services Ltd Q2FY23 net profit at Rs. 1.90 crore



Posted On : 2022-10-18 18:36:18( TIMEZONE : IST )

Indbank Merchant Banking Services Ltd Q2FY23 net profit at Rs. 1.90 crore

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

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 4.3191 crores during the period ended September 30, 2022 as compared to Rs. 7.3896 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 1.9006 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -0.6879 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.43 for the period ended September 30, 2022 as compared to Rs. -0.16 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 4.3191 crs ₹7.3896 crs Up Tick / Down Tick-41.55%
Net Profit ₹1.9006 crs ₹-0.6879 crs Up Tick / Down Tick376.29%
EPS ₹0.43 ₹-0.16 Up Tick / Down Tick368.75%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 4.3191 crores during the period ended September 30, 2022 as compared to Rs.4.7381 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.9006 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.1.4343 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.43 for the period ended September 30, 2022 as compared to Rs.0.32 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 4.3191 crs ₹4.7381 crs Up Tick / Down Tick-8.84%
Net Profit ₹1.9006 crs ₹1.4343 crs Up Tick / Down Tick32.51%
EPS ₹0.43 ₹0.32 Up Tick / Down Tick34.38%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.11.7087 crores during the 6 Months period ended September 30, 2022 as compared to Rs.9.4807 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.1.2127 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.2.7911 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.0.27 for the 6 Months period ended September 30, 2022 as compared to Rs.0.63 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹11.7087 crs ₹9.4807 crs Up Tick / Down Tick23.50%
Net Profit ₹1.2127 crs ₹2.7911 crs Up Tick / Down Tick-56.55%
EPS ₹0.27 ₹0.63 Up Tick / Down Tick-57.14%

Shares of Indbank Merchant Banking Services Limited was last trading in BSE at Rs. 23.20 as compared to the previous close of Rs. 22.80. The total number of shares traded during the day was 7914 in over 180 trades.

The stock hit an intraday high of Rs. 23.50 and intraday low of 22.80. The net turnover during the day was Rs. 183400.00.

Source : Equity Bulls

Keywords

IndbankMerchantBankingServices Q2FY23 H1FY23 ResultUpdate