Stock Report

Indbank Merchant Banking Services Ltd Q4FY23 net profit declines to Rs. 54.14 lakhs



Posted On : 2023-04-21 16:51:06( TIMEZONE : IST )

Indbank Merchant Banking Services Ltd Q4FY23 net profit declines to Rs. 54.14 lakhs

Indbank Merchant Banking Services Limited has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 4.2321 crores during the period ended March 31, 2023 as compared to Rs. 5.4097 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 0.5414 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 1.7478 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 0.12 for the period ended March 31, 2023 as compared to Rs. 0.39 for the period ended December 31, 2022.

Financials Q4 FY2023 Q3 FY2023 % Change
Total Income ₹4.2321 crs ₹5.4097 crs Up Tick / Down Tick-21.77%
Net Profit ₹0.5414 crs ₹1.7478 crs Up Tick / Down Tick-69.02%
EPS ₹0.12 ₹0.39 Up Tick / Down Tick-69.23%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.4.2321 crores during the period ended March 31, 2023 as compared to Rs.5.0660 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.0.5414 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.1.1787 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.0.12 for the period ended March 31, 2023 as compared to Rs.0.27 for the period ended March 31, 2022.

Financials Q4 FY2023 Q4 FY2022 % Change
Total Income ₹4.2321 crs ₹5.0660 crs Up Tick / Down Tick-16.46%
Net Profit ₹0.5414 crs ₹1.1787 crs Up Tick / Down Tick-54.07%
EPS ₹0.12 ₹0.27 Up Tick / Down Tick-55.56%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.21.3508 crores during the Financial Year ended March 31, 2023 as compared to Rs.24.4596 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.3.5022 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.6.9636 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.0.79 for the Financial Year ended March 31, 2023 as compared to Rs.1.57 for the Financial Year ended March 31, 2022.

Financials Year Ended FY2023 Year Ended FY2022 % Change
Total Income ₹21.3508 crs ₹24.4596 crs Up Tick / Down Tick-12.71%
Net Profit ₹3.5022 crs ₹6.9636 crs Up Tick / Down Tick-49.71%
EPS ₹0.79 ₹1.57 Up Tick / Down Tick-49.68%

Shares of Indbank Merchant Banking Services Limited was last trading in BSE at Rs. 28.68 as compared to the previous close of Rs. 28.73. The total number of shares traded during the day was 13540 in over 121 trades.

The stock hit an intraday high of Rs. 29.19 and intraday low of 28.40. The net turnover during the day was Rs. 388836.00.

Source : Equity Bulls

Keywords

IndbankMerchantBankingServices Q4FY23 FY2023 ResultUpdate