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INDIANB - Indian Bank News Story

₹107.65 3.0  2.8%

Last Trade - 10:36am

Sector
Financials
Size
Mid Cap
Market Cap £1.15bn
Enterprise Value £2.64bn
Revenue £1.94bn
Position in Universe 250th / 3106

BRIEF-Indian Bank Reports Sept-Qtr Net Profit Of 4.12 Bln Rupees

Thu 22nd October, 2020 9:14am
Oct 22 (Reuters) - Indian Bank  INBA.NS :
    * SEPT-QUARTER NET PROFIT 4.12 BILLION RUPEES VERSUS PROFIT
3.59
BILLION RUPEES YEAR AGO
    * SEPT-QUARTER INTEREST EARNED 100.57 BILLION RUPEES VERSUS
53.08
BILLION RUPEES YEAR AGO
    * SEPT-QUARTER PROVISIONS & CONTINGENCIES 22.84 BILLION
RUPEES
VERSUS 9.09 BILLION RUPEES YEAR AGO
    * SEPT-QUARTER PROVISIONS FOR NPAS 18.80 BILLION RUPEES
VERSUS
7.21 BILLION RUPEES YEAR AGO
    * NON-PERFORMING LOAN PROVISION COVERAGE RATIO IS 84.39% AS
ON
SEPT 30, 2020
    * SEPT-QTR GROSS NPA 9.89% VS 10.9% PREV QTR
    * SEPT-QTR NET NPA 2.96% VS 3.76% PREV QTR

Source text: https://bityl.co/45Q8
Further company coverage:  INBA.NS 

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