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Indbank Merch. Bankg reports Profit after tax of Rs 5.87 Mln, in the March 2021 quarter

22 Apr 2021 Evaluate
The sales surged to Rs. 32.49 millions, up 36.28% for the March 2021 quarter as against Rs. 23.84 millions during the corresponding quarter previous year.The Net Profit of the company reported a remarkable increase of 249.40% to Rs. 5.87  millions  from Rs. 1.68 millions in previous same quarter.A decline of 11.71 millions was observed in the OP in the quarter ended March 2021 from 11.88 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202103 202003 % Var 202103 202003 % Var 202003 201903 % Var
Sales 32.49 23.84 36.28 120.11 87.71 36.94 87.72 81.18 8.06
Other Income 7.52 60.28 -87.52 74.60 84.69 -11.91 84.67 43.31 95.50
PBIDT 11.71 11.88 -1.43 65.93 47.63 38.42 47.64 35.11 35.69
Interest 3.75 3.90 -3.85 15.24 15.22 0.13 15.22 15.31 -0.59
PBDT 7.96 7.98 -0.25 50.69 32.41 56.40 32.42 20.52 57.99
Depreciation 0.49 0.51 -3.92 1.85 3.02 -38.74 3.02 2.33 29.61
PBT 7.47 7.47 0.00 48.84 29.39 66.18 29.40 18.19 61.63
TAX 1.60 5.79 -72.37 8.29 8.50 -2.47 8.51 0.45 1791.11
Deferred Tax 0.35 3.55 -90.14 7.05 3.42 106.14 3.42 -0.40 -955.00
PAT 5.87 1.68 249.40 40.55 20.89 94.11 20.89 17.74 17.76
Equity 443.78 443.78 0.00 443.78 443.78 0.00 443.78 443.78 0.00
PBIDTM(%) 36.04 49.83 -27.67 54.89 54.30 1.08 54.31 43.25 25.57
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