Indian Bank declines on reporting 15% fall in Q4 net profit

09 May 2013 Evaluate

Indian Bank is currently trading at Rs. 153.15, down by 2.95 points or 1.89% from its previous closing of Rs. 156.10 on the BSE.

The scrip opened at Rs. 160.00 and has touched a high and low of Rs. 160.90 and Rs. 151.10 respectively. So far 183321 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 218.85 on 07-Jan-2013 and a 52 week low of Rs. 151.10 on 09-May-2013.

Last one week high and low of the scrip stood at Rs. 172.25 and Rs. 151.10 respectively. The current market cap of the company is Rs. 6764.58 crore.

The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 14.23% and 5.77% respectively.

Indian Bank has reported results for the quarter & year ended March 31, 2013.

The bank’s net profit for the quarter ended March 31, 2013 has declined by 15.43% at Rs 292.13 crore for the quarter as compared to Rs 345.42 crore for the quarter ended March 31, 2012. However, bank’s total income has increased by 14.99% at Rs 4022.47 crore for the quarter under review as compared to Rs 3498.02 crore for the corresponding quarter of the previous fiscal.

The bank’s net profit for the year ended March 31, 2013 down by 9.49% at Rs 1581.14 crore as compared to Rs 1746.97 crore for the previous year ended March 31, 2012. However, its total income has surged by 13.19% to Rs 15179.42 crore for the year under review from Rs 13411.15 crore for the previous year.

On consolidated basis, the Group’s net profit stood at Rs 1609.37 crore in FY13 as compared to Rs 1765.83 crore in the previous year, down by 8.86%. However, its total income rose by 13.14% at Rs 15186.20 crore for the year under review as against Rs 13422.43 crore for the previous fiscal.

Indian Bank Share Price

475.85 -16.00 (-3.25%)
13-Jan-2025 16:59 View Price Chart
Peers
Company Name CMP
SBI 729.60
Bank Of Baroda 217.35
Canara Bank 88.50
PNB 95.40
Union Bank Of India 101.20
View more..
© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.