MoneyWorks4Me

Indian Bank - Quaterly Results

26 Oct 2023 Evaluate
A decent increase of about 28.32% in the sales to Rs. 137432.60 millions was observed for the quarter ended September 2023. The sales figure stood at Rs. 107099.00 millions during the year-ago period.Net profit surges 62.24% to Rs. 19877.60  millions  from Rs. 12252.20 millions in the quarter ended September 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Interest Earned 137432.60 107099.00 28.32 267926.70 208635.60 28.42 449422.10 388562.20 15.66
Other Income 19929.70 18281.10 9.02 37025.50 34327.40 7.86 71430.60 69154.50 3.29
Interest Expended 80030.70 60259.30 32.81 153489.70 116456.10 31.80 247167.50 221282.70 11.70
Operating Expenses 34304.30 34304.30 19.00 67088.70 54570.60 22.94 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 15506.50 20585.50 -24.67 32912.90 42774.80 -23.06 93562.10 95126.70 -1.64
Tax 7643.20 3454.80 121.23 14495.00 4774.90 203.57 6327.10 -7405.90 -185.43
PAT 19877.60 12252.20 62.24 36965.90 24386.60 51.58 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 31.31 33.89 -7.61 31.49 34.48 -8.67 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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