SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indian Bank’s Q1FY14 net profit declines by 31%

29 Jul 2013 Evaluate

Indian Bank has reported results for first quarter ended June 30, 2013

The bank’s net profit for the quarter declined by 31.26% at Rs 317.39 crore as compared to Rs 461.75 crore for the corresponding quarter of the previous fiscal. Bank’s total income has increased by 16.65% to Rs 4195.48 crore for the quarter under review from Rs 3596.50 crore for the June quarter of the previous fiscal.

Gross NPAs in the first quarter of 2013-14 stood at 3.41% from 1.66% a year ago. The net non-performing assets (NPAs) or bad loans of the bank in April-June increased to 2.31% from 1.04% a year earlier.

Meanwhile, bank’s Capital Adequacy Ratio (CAR) of the bank under Basel III stood at 12.58% as on June 30, 2013.

Indian Bank Share Price

842.05 -28.90 (-3.32%)
13-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
State Bank Of India 1036.90
PNB 106.35
Bank Of Baroda 250.65
Canara Bank 129.30
Union Bank Of India 170.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: