Indian Bank · NSE: INDIANB · BSE: 532814

Q3 FY24 results · Oct–Dec 2023

Indian Bank reported revenue from operations of ₹14,202.58 crore (up 20.0% from Q3 FY23) and net profit of ₹2,136.33 crore (up 51.8% from Q3 FY23) for Q3 FY24 (Oct–Dec 2023), on a consolidated basis.

Consolidated · ₹ crore
ItemQ3 FY24Q3 FY23YoYQ2 FY24QoQ
Interest earned14,202.5811,836.38+20.0%13,763.80+3.2%
Other income2,112.771,925.57+9.7%2,165.61−2.4%
Total income16,315.3513,761.95+18.6%15,929.41+2.4%
Profit before share of associates & JVs and tax2,774.211,566.74+77.1%2,776.74−0.1%
Share of profit/(loss) of associates & JVs70.1947.2761.21
Net profit for the period2,136.331,407.54+51.8%2,008.12+6.4%
Attributable to shareholders of the company2,205.631,454.16+51.7%2,068.49+6.6%
EPS, basic (₹)17.4611.68+49.5%16.61+5.1%
Net margin (%)15.011.914.6

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
ItemQ3 FY24Q3 FY23YoYQ2 FY24QoQ
Interest earned14,197.6211,834.23+20.0%13,743.26+3.3%
Other income1,901.641,716.45+10.8%1,992.97−4.6%
Total income16,099.2613,550.68+18.8%15,736.23+2.3%
Profit before tax2,747.821,545.69+77.8%2,752.08−0.2%
Net profit for the period2,119.351,395.76+51.8%1,987.76+6.6%
EPS, basic (₹)16.7811.21+49.7%15.96+5.1%
Net margin (%)14.911.814.5
Consolidated
Filed with BSE
25 Jan 2024, 10:50 IST
Board meeting
24 Jan 2024
Period
01 Oct 2023 to 31 Dec 2023
Review status
Unaudited
Source
XBRL filing on BSE
Standalone
Filed with BSE
25 Jan 2024, 10:50 IST
Board meeting
24 Jan 2024
Period
01 Oct 2023 to 31 Dec 2023
Review status
Unaudited
Source
XBRL filing on BSE