MoneyWorks4Me

Indian Bank - Quaterly Results

08 May 2023 Evaluate
The company witnessed a 24.53% growth in the revenue at Rs. 122444.20 millions for the quarter ended March 2023 as compared to Rs. 98324.10 millions during the year-ago period.The company has announced a 47.04% increase in its profits to Rs . 14472.80  millions for the  quarter ended March 2023 compared to Rs. 9842.50 millions in the corresponding quarter in the previous year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Interest Earned 122444.20 98324.10 24.53 449422.10 388562.20 15.66 449422.10 388562.20 15.66
Other Income 19938.70 15727.60 26.78 71430.60 69154.50 3.29 71430.60 69154.50 3.29
Interest Expended 67361.00 55772.50 20.78 247167.50 221282.70 11.70 247167.50 221282.70 11.70
Operating Expenses 34866.20 34866.20 12.82 120979.00 109265.00 10.72 120979.00 109265.00 10.72
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 25630.00 19138.90 33.92 93562.10 95126.70 -1.64 93562.10 95126.70 -1.64
Tax 52.90 -1605.60 -103.29 6327.10 -7405.90 -185.43 6327.10 -7405.90 -185.43
PAT 14472.80 9842.50 47.04 52817.00 39448.20 33.89 52817.00 39448.20 33.89
Equity 12454.40 12454.40 0.00 12454.40 12454.40 0.00 12454.40 12454.40 0.00
OPM 32.80 27.84 17.79 33.98 32.73 3.82 33.98 32.73 3.82
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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