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Indian Bank reports 39% rise in Q1 consolidated net profit

30 Jul 2024 Evaluate

Indian Bank has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The bank has reported 40.65% rise in its net profit at Rs 2,403.42 crore for the quarter ended June 30, 2024 as compared to Rs 1,708.83 crore for the same quarter in the previous year. Total income of the bank increased by 14.81% at Rs 16,944.77 crore for Q1FY25 as compared to Rs 14,758.99 crore for the corresponding quarter previous year.

On consolidated basis, the bank has reported 38.96% rise in net profit at Rs 2,570.40 crore for Q1FY25 as compared to Rs 1,849.68 crore for the same quarter in the previous year. However, total income of the bank increased by 14.72% at Rs 17,117.76 crore for Q1FY25 as compared to Rs 14,921.43 crore for the corresponding quarter previous year.


Indian Bank Share Price

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Company Name CMP
SBI 1068.50
PNB 113.60
Canara Bank 141.30
Bank Of Baroda 278.60
Union Bank Of India 187.70
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