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INDIANB - Indian Bank News Story

₹125.85 -2.7  -2.1%

Last Trade - 14/05/21

Sector
Financials
Size
Mid Cap
Market Cap £1.38bn
Enterprise Value £2.85bn
Revenue £1.93bn
Position in Universe 232nd / 3111

BRIEF-Indian Bank June Quarter Net Profit Rises

Mon 5th August, 2019 10:01am
Aug 5 (Reuters) - Indian Bank  INBA.NS :
    * JUNE QUARTER NET PROFIT 3.65 BILLION RUPEES VERSUS PROFIT
OF
2.09 BILLION RUPEES YEAR AGO
    * JUNE QUARTER INTEREST EARNED 51.38 BILLION RUPEES VERSUS
46.92
BILLION RUPEES YEAR AGO
    * JUNE QUARTER PROVISIONS AND CONTINGENCIES 7.95 BILLION
RUPEES
VERSUS 10.30 BILLION RUPEES YEAR AGO
    * JUNE QUARTER PROVISIONS FOR NPAS 4.82 BILLION RUPEES
VERSUS 4.57
BILLION RUPEES YEAR AGO
    * JUNE QUARTER GROSS NPA 7.33% VERSUS 7.11% PREVIOUS QUARTER
    * JUNE QUARTER NET NPA 3.84% VERSUS 3.75% PREVIOUS QUARTER
    * NON PERFORMING LOAN PROVISION COVERAGE RATIO IS 66.34% AS
ON
JUNE 30, 2019

Source text for Eikon:  ID: 
Further company coverage:  INBA.NS 

 ((Reuters.Briefs@thomsonreuters.com;))
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