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MoneyWorks4Me

Indian Bank - Quaterly Results

27 Jul 2023 Evaluate
The sales for the June 2023 quarter moved up 28.52% to Rs. 130494.10 millions as compared to Rs. 101536.60 millions during the corresponding quarter last year.A comparatively good net profit growth of 40.83% to Rs. 17088.30 millions was reported for the quarter ended June 2023 compared to Rs. 12134.40 millions of previous same quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Interest Earned 130494.10 101536.60 28.52 130494.10 101536.60 28.52 449422.10 388562.20 15.66
Other Income 17095.80 16046.30 6.54 17095.80 16046.30 6.54 71430.60 69154.50 3.29
Interest Expended 73459.00 56196.80 30.72 73459.00 56196.80 30.72 247167.50 221282.70 11.70
Operating Expenses 32784.40 32784.40 27.36 32784.40 25742.30 27.36 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 17406.40 22189.30 -21.55 17406.40 22189.30 -21.55 93562.10 95126.70 -1.64
Tax 6851.80 1320.10 419.04 6851.80 1320.10 419.04 6327.10 -7405.90 -185.43
PAT 17088.30 12134.40 40.83 17088.30 12134.40 40.83 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 31.68 35.10 -9.74 31.68 35.10 -9.74 33.98 32.73 3.82
Peers
Company Name CMP
State Bank Of India 945.10
PNB 121.00
Bank Of Baroda 233.00
Canara Bank 118.20
Union Bank Of India 184.00
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