Indian Bank has reported results for third quarter ended December 31, 2021.
The bank has reported a rise of 34.12% in its net profit at Rs 689.73 crore for the quarter under review as compared to Rs 514.28 crore for the same quarter in the previous year. Total income of the bank increased by 2.81% at Rs 11,481.80 crore for Q3FY22 as compared Rs 11,167.86 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a rise of 33.79% in its net profit at Rs 704.18 crore for the quarter under review as compared to Rs 526.32 crore for the same quarter in the previous year. Total income of the bank increased by 2.90% at Rs 11,645.82 crore for Q3FY22 as compared Rs 11,317.86 crore for the corresponding quarter previous year.