Indian Bank profit decreased 30.92% in (Q3) FY 2019-20

Source

Team Infinities:

Indian Bank NSE Symbol:INDIANB, BSE Security Code:532814 has declared its 3rd(third) quarter un-audited Consolidated financial report from the month of October, 2019 to the month of December, 2019; for the fiscal year 2019-20.

Revenue Reported by Indian Bank for Third Quarter FY, 2019-20
Current Quarter (October, 2019 - December, 2019)Previous Quarter (July, 2019 - September, 2019)Corresponding Quarter (October, 2018 - December, 2018)9 Months Ended (April, 2019 - December, 2019)Corresponding 9 Months Ended (April, 2018 - December, 2018)
65.0460.4752.70183.86155.35
Calculated Revenue of Indian Bank for Third Quarter FY, 2019-20
Current(December, 2019) VS Previous(September, 2019)Current(December, 2019) VS Corresponding(December, 2018)9 months Ended(April, 2019 - December, 2019) VS Corresponding 9 months Ended(April, 2018 - December, 2018)
ChangeChange %ChangeChange %ChangeChange %
4.577.56%(Revenue Increase)12.3423.42%(Revenue Increase)28.5118.35%(Revenue Increase)

Revenue: Indian Bank's financial report shows that the bank's revenue increased by 7.56% in QoQ(Quarter on Quarter) / current quarter(October, 2019 - December, 2019) for revenue increase of Rs.4.57 billions, as the bank posted revenue of Rs.65.04 billions; in compare to previous quarter(July, 2019 - September, 2019) when the bank reported revenue of Rs.60.47 billions.
The result also shows that the bank's revenue increased by 23.42% in YoY(Year over Year) / in current quarter(October, 2019 - December, 2019) for revenue increase of Rs.12.34 billions; in compare to corresponding quarter(October, 2018 - December, 2018) when the bank posted revenue of Rs.52.70 billions.
The bank also reported that its revenue increased by 18.35% in 9 months end(April, 2019 - December, 2019) for revenue increase of Rs.28.51 billions, since the bank reported revenue of Rs.183.86 billions; in compare to corresponding 9 months end(April, 2018 - December. 2018) when the bank posted revenue of Rs.155.35 billions.

Profit and Loss Reported by Indian Bank for Third Quarter FY, 2019-20
Current Quarter (October, 2019 - December, 2019)Previous Quarter (July, 2019 - September, 2019)Corresponding Quarter (October, 2018 - December, 2018)9 Months Ended (April, 2019 - December, 2019)Corresponding 9 Months Ended (April, 2018 - December, 2018)
2.48(Profit )3.59(Profit )1.53(Profit )9.73(Profit )5.12(Profit )
Calculated Profit and Loss of Indian Bank for Third Quarter FY, 2019-20
Current(December, 2019) VS Previous(September, 2019)Current(December, 2019) VS Corresponding(December, 2018)9 months Ended(April, 2019 - December, 2019) VS Corresponding 9 months Ended(April, 2018 - December, 2018)
ChangeChange %ChangeChange %ChangeChange %
1.1130.92%(Profit Decrease)0.9562.09%(Profit Increase)4.6190.04%(Profit Increase)

Profit and Loss / PAT(Profit after Tax): The bank's financial report shows that the bank's profit decreased by 30.92% in QoQ(Quarter on Quarter) / current quarter(October, 2019 - December, 2019) for profit decrease of Rs.1.11 billions, as the bank posted profit of Rs.2.48 billions; in compare to previous quarter(July, 2019 - September, 2019) when the bank reported profit of Rs.3.59 billions.
The result also shows that the bank's profit increased by 62.09% in YoY(Year over Year) / in current quarter(October, 2019 - December, 2019) for profit increase of Rs.0.95 billion; in compare to corresponding quarter(October, 2018 - December, 2018) when the bank posted profit of Rs.1.53 billions.
The bank also reported that its profit increased by 90.04% in 9 months end(April, 2019 - December, 2019) for profit increase of Rs.4.61 billions, since the bank reported profit of Rs.9.73 billions; in compare to corresponding 9 months end(April, 2018 - December. 2018) when the bank posted profit of Rs.5.12 billions.

EPS Reported by Indian Bank for Third Quarter FY, 2019-20
Current Quarter (October, 2019 - December, 2019)Previous Quarter (July, 2019 - September, 2019)Corresponding Quarter (October, 2018 - December, 2018)9 Months Ended (April, 2019 - December, 2019)Corresponding 9 Months Ended (April, 2018 - December, 2018)
5.629.013.5822.6411.87
Calculated EPS of Indian Bank for Third Quarter FY, 2019-20
Current(December, 2019) VS Previous(September, 2019)Current(December, 2019) VS Corresponding(December, 2018)9 months Ended(April, 2019 - December, 2019) VS Corresponding 9 months Ended(April, 2018 - December, 2018)
ChangeChange %ChangeChange %ChangeChange %
3.3937.62%(EPS Decrease)2.0456.98%(EPS Increase)10.7790.73%(EPS Increase)

EPS /Earning per Share: The bank's financial report shows that the bank's EPS decreased by 37.62% in QoQ(Quarter on Quarter) / current quarter(October, 2019 - December, 2019) for EPS decrease of Rs.3.39, as the bank posted EPS of Rs.5.62; in compare to previous quarter(July, 2019 - September, 2019) when the bank reported EPS of Rs.9.01.
The result also shows that the bank's EPS increased by 56.98% in YoY(Year over Year) / in current quarter(October, 2019 - December, 2019) for EPS increase of Rs.2.04; in compare to corresponding quarter(October, 2018 - December, 2018) when the bank posted EPS of Rs.3.58.
The bank also reported that its EPS increased by 90.73% in 9 months end(April, 2019 - December, 2019) for EPS increase of Rs.10.77, since the bank reported EPS of Rs.22.64; in compare to corresponding 9 months end(April, 2018 - December. 2018) when the bank posted EPS of Rs.11.87.



***All amounts are given in Billion Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.

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