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Indian Bank reports Profit after tax of Rs 11816.60 Mln, in the June 2021 quarter

19 Jul 2021 Evaluate
The revenue slipped marginally during the June 2021 quarter. A decline of about Rs. 96235.93 millions was observed as compared to Rs. 101199.57 millions during the corresponding quarter last year.Net Profit for the quarter ended June 2021 zoomed to 220.01% from Rs. 3692.62 millions to Rs. 11816.60  millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202106 202006 % Var 202106 202006 % Var 202103 202003 % Var
Interest Earned 96235.93 101199.57 -4.90 96235.93 101199.57 -4.90 391057.87 214049.69 82.69
Other Income 18766.13 13267.53 41.44 18766.13 13267.53 41.44 60792.54 33124.64 83.53
Interest Expended 56294.31 62456.65 -9.87 56294.31 62456.65 -9.87 234398.39 137985.53 69.87
Operating Expenses 23989.93 23989.93 -1.99 23989.93 24477.03 -1.99 103495.53 44208.39 134.11
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 26145.04 21391.19 22.22 26145.04 21391.19 22.22 84900.69 51253.15 65.65
Tax -3243.83 2449.61 -232.42 -3243.83 2449.61 -232.42 -990.98 6193.68 -116.00
PAT 11816.60 3692.62 220.01 11816.60 3692.62 220.01 30046.78 7533.58 298.84
Equity 12454.41 11293.67 10.28 12454.41 11293.67 10.28 11293.67 6088.01 85.51
OPM 36.08 27.21 32.60 36.08 27.21 32.60 29.14 30.36 -4.01
Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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