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VERIFIEDET Stocks·positive
Indian Bank Q1 Results: Standalone net profit rises 10% YoY to Rs 3,273 crore; shares zoom 10%
AI Summary
- ·Indian Bank reported a standalone net profit of Rs 3,273 crore for Q1 FY27, a 10% year-on-year increase.
- ·Net interest income for the bank rose by nearly 17%.
- ·The bank also reported improved asset quality and higher advances.