Stock Report

Indbank Merchant Banking Services Ltd Q3 FY2023 net profit at Rs. 1.74 crore



Posted On : 2023-01-21 16:01:29( TIMEZONE : IST )

Indbank Merchant Banking Services Ltd Q3 FY2023 net profit at Rs. 1.74 crore

Indbank Merchant Banking Services Limited has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 5.4097 crores during the period ended December 31, 2022 as compared to Rs. 4.3191 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 1.7478 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 1.9006 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.39 for the period ended December 31, 2022 as compared to Rs. 0.43 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹5.4097 crs ₹4.3191 crs Up Tick / Down Tick25.25%
Net Profit ₹1.7478 crs ₹1.9006 crs Up Tick / Down Tick-8.04%
EPS ₹0.39 ₹0.43 Up Tick / Down Tick-9.30%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.5.4097 crores during the period ended December 31, 2022 as compared to Rs.9.9832 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.1.7478 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.2.9937 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.39 for the period ended December 31, 2022 as compared to Rs.0.67 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹5.4097 crs ₹9.9832 crs Up Tick / Down Tick-45.81%
Net Profit ₹1.7478 crs ₹2.9937 crs Up Tick / Down Tick-41.62%
EPS ₹0.39 ₹0.67 Up Tick / Down Tick-41.79%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.17.1184 crores during the 9 Months period ended December 31, 2022 as compared to Rs.19.3968 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.9605 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.5.7848 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.67 for the 9 Months period ended December 31, 2022 as compared to Rs.1.30 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹17.1184 crs ₹19.3968 crs Up Tick / Down Tick-11.75%
Net Profit ₹2.9605 crs ₹5.7848 crs Up Tick / Down Tick-48.82%
EPS ₹0.67 ₹1.30 Up Tick / Down Tick-48.46%

Shares of Indbank Merchant Banking Services Limited was last trading in BSE at Rs. 29.50 as compared to the previous close of Rs. 29.60. The total number of shares traded during the day was 5644 in over 82 trades.

The stock hit an intraday high of Rs. 29.95 and intraday low of 29.20. The net turnover during the day was Rs. 167125.00.

Source : Equity Bulls

Keywords

IndbankMerchantBankingServices Q3FY23 9MFY23 ResultUpdate