Indian Bank’s profit up 13% QOQ in Q3FY23

Indian Bank Ltd has reported Q3FY23 financial results for the period ending December 31, 2022.

Financial Results (Q3 FY2023) – QoQ Comparison

FinancialsQ3 FY2023Q2 FY2023% Change
Total Income₹13761.95 crs₹12714.20 crsUp Tick / Down Tick8.24%
Net Profit₹1454.16 crs₹1287.39 crsUp Tick / Down Tick12.95%
EPS₹11.68₹10.34Up Tick / Down Tick12.96%

Financial Results (Q3 FY2023) – YoY Comparison

FinancialsQ3 FY2023Q3 FY2022% Change
Total Income₹13761.95 crs₹11645.82 crsUp Tick / Down Tick18.17%
Net Profit₹1454.16 crs₹731.58 crsUp Tick / Down Tick98.77%
EPS₹11.68₹5.87Up Tick / Down Tick98.98%

Asset Quality:

Asset QualityQ3 FY2023Q2 FY2023Q3 FY2022
Gross NPA₹29483.91 crs₹31958.83 crs₹36562.65 crs
Gross NPA %6.53%7.30%9.13%
Net NPA₹4270.48 crs₹6174.1.3 crs₹10154.90 crs
Net NPA %1%1.50%2.72%
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