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Indian Bank reports marginal rise in Q2 consolidated net profit

22 Oct 2020 Evaluate

Indian Bank has reported results for second quarter ended September 30, 2020.

The Bank has reported rise of 14.98% in its net profit at Rs 412.28 crore for the quarter under review as compared to net profit of Rs 358.56 crore for the same quarter in the previous year. Total income of the bank increased by 93.03% at Rs 11669.12 crore for Q2FY21 as compared Rs 6045.32 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 3.43% marginal rise in its net profit after minority interest at Rs 457.90 crore for the quarter under review as against net profit of Rs 442.72 crore for the same quarter in the previous year. Total income of the bank increased by 95.08% at Rs 11796.59 crore for Q2FY21 as compared Rs 6047.14 crore for the corresponding quarter previous year.

Indian Bank Share Price

938.95 -1.75 (-0.19%)
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Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
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