Indbank Merchant Banking Services Limited has informed the Exchange about Copy of Newspaper Publication
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Awaiting price reaction for this filing.
Indbank Merchant Banking Services Limited, a subsidiary of Indian Bank, has shared copies of newspaper ads published in Financial Express (English) and Makkal Kural (Tamil) on July 20, 2025, containing its unaudited results for the quarter ended June 30, 2025. Total income from operations fell to Rs. 669.18 lakhs from Rs. 771.42 lakhs in the same quarter last year, a decline of roughly 13%. Net profit after tax dropped to Rs. 213.89 lakhs from Rs. 285.14 lakhs, down about 25% year-on-year. Basic and diluted EPS came in at Rs. 0.48, compared to Rs. 0.64 in Q1 FY25. Equity share capital remained unchanged at Rs. 4437.82 lakhs with reserves of Rs. 4727.35 lakhs.
The year-on-year decline in both revenue and profit may weigh on short-term sentiment, but as a small subsidiary of Indian Bank with limited trading liquidity, the stock impact is likely muted.