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Indian Bank reports 62% rise in Q3 consolidated net profit
Jan-24-2020

Indian Bank has reported results for third quarter ended December 31, 2019.

The bank has reported a rise of 62.32% in its net profit at Rs 247.16 crore for the quarter under review as compared to Rs 152.27 crore for the same quarter in the previous year. Total income of the bank increased by 23.47% at Rs 6505.62 crore for Q3FY20 as compared Rs 5269.10 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported a rise of 62.42% in its net profit at Rs 247.97 crore for the quarter under review as compared to Rs 152.67 crore for the same quarter in the previous year. Total income of the bank increased by 23.43% at Rs 6504.46 crore for Q3FY20 as compared Rs 5269.75 crore for the corresponding quarter previous year.

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