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Indbank Merchant Banking Services Ltd Q2 FY2024 PAT up at Rs. 2.42 crore

Posted On: 2023-10-16 22:32:58 (Time Zone: IST)


Indbank Merchant Banking Services Limited has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 6.0554 crores during the period ended September 30, 2023 as compared to Rs. 5.4260 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 2.4232 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.5159 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.55 for the period ended September 30, 2023 as compared to Rs. 0.34 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 6.0554 crs ₹5.4260 crs Up Tick / Down Tick11.60%
Net Profit ₹2.4232 crs ₹1.5159 crs Up Tick / Down Tick59.85%
EPS ₹0.55 ₹0.34 Up Tick / Down Tick61.76%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 6.0554 crores during the period ended September 30, 2023 as compared to Rs.4.3191 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.4232 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.1.9006 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.55 for the period ended September 30, 2023 as compared to Rs.0.43 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 6.0554 crs ₹4.3191 crs Up Tick / Down Tick40.20%
Net Profit ₹2.4232 crs ₹1.9006 crs Up Tick / Down Tick27.50%
EPS ₹0.55 ₹0.43 Up Tick / Down Tick27.91%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.11.4814 crores during the 6 Months period ended September 30, 2023 as compared to Rs.11.7086 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.3.9391 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.1.2127 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.89 for the 6 Months period ended September 30, 2023 as compared to Rs.0.27 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹11.4814 crs ₹11.7086 crs Up Tick / Down Tick-1.94%
Net Profit ₹3.9391 crs ₹1.2127 crs Up Tick / Down Tick224.82%
EPS ₹0.89 ₹0.27 Up Tick / Down Tick229.63%

Shares of Indbank Merchant Banking Services Limited was last trading in BSE at Rs. 35.06 as compared to the previous close of Rs. 33.64. The total number of shares traded during the day was 25608 in over 124 trades.

The stock hit an intraday high of Rs. 35.32 and intraday low of 33.05. The net turnover during the day was Rs. 885756.00.


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