Indian Bank reports marginal rise in Q1 consolidated net profit

Indian Bank | Bank - Public | BFSI | BSE: 532814 | NSE: INDIANB

01 Aug 2022 Evaluate

Indian Bank has reported results for first quarter ended June 30, 2022.

The bank has reported a rise of 2.69% in its net profit at Rs 1213.44 crore for the quarter under review as compared to Rs 1181.66 crore for the same quarter in the previous year. Total income of the bank increased by 2.74% at Rs 11758.29 crore for Q1FY23 as compared Rs 11444.27 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported a rise of 4.07% in its net profit at Rs 1311.08 crore for the quarter under review as compared to Rs 1259.81 crore for the same quarter in the previous year. Total income of the bank increased by 2.99% at Rs 11897.53 crore for Q1FY23 as compared Rs 11552.60 crore for the corresponding quarter previous year.

Peers

Company Name	CMP
State Bank Of India	984.50
PNB	116.80
Bank Of Baroda	232.40
Canara Bank	123.90
Union Bank Of India	177.45
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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