Indian Bank has reported results for first quarter ended June 30, 2019.
The Bank has reported a rise of 74.56% in its net profit at Rs 365.37 crore for the quarter under review as compared to Rs 209.31 crore for the same quarter in the previous year. Total income of the Bank increased by 13.64% at Rs 5,832.12 crore for Q1FY20 as compared Rs 5,131.97 crore for the corresponding quarter previous year.
On the consolidated basis, the Bank has reported a rise of 74.42% in its net profit at Rs 366.24 crore for the quarter under review as compared to Rs 209.98 crore for the same quarter in the previous year. Total income of the Bank increased by 13.64% at Rs 5,834.84 crore for Q1FY20 as compared Rs 5,134.53 crore for the corresponding quarter previous year.
