Indian Bank (NSE: INDIANB)

Indian Bank Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest Income on Loans	579,899	556,497	449,852	388,884	391,081	214,013
Interest Paid on Deposits	350,065	323,408	247,173	221,293	234,388	137,975
Net Interest Income	242,391	233,090	202,679	167,592	156,693	76,038
Net Interest Income Growth (YoY)	7.80%	15.00%	20.94%	6.96%	106.07%	8.39%
Gain (Loss) on Sale of Assets	-14.8	-19.1	1.7	30.5	-4.2	7.3
Gain (Loss) on Sale of Investments	13,172	13,172	2,961	12,916	16,965	8,797
Other Non-Interest Income	79,085	72,667	75,082	60,851	44,154	24,450
Total Non-Interest Income	92,242	85,820	78,045	73,797	61,114	33,255
Non-Interest Income Growth (YoY)	13.55%	9.96%	5.76%	20.75%	83.77%	75.82%
Revenues Before Loan Losses	334,633	318,909	280,724	241,389	217,807	109,293
Provision for Loan Losses	49,864	59,208	93,844	95,321	80,748	51,191
Revenue	284,769	259,702	186,880	146,068	137,059	58,102
Revenue Growth (YoY)	28.22%	38.97%	27.94%	6.57%	135.90%	34.76%
Salaries and Employee Benefits	97,955	93,199	75,789	67,384	64,116	24,783
Occupancy Expenses	14,240	14,240	13,537	14,626	14,504	7,261
Selling, General & Administrative	3,047	3,047	3,696	2,964	2,801	1,351
Other Non-Interest Expense	41,898	39,043	34,227	28,561	26,471	10,931
Total Non-Interest Expense	153,927	146,594	124,817	112,032	106,544	43,288
EBT Excluding Unusual Items	130,842	113,107	62,062	34,036	30,515	14,814
Pretax Income	130,842	113,107	62,062	34,036	30,515	14,814
Income Tax Expense	32,091	28,882	6,327	-7,406	-991	6,194
Earnings From Continuing Operations	98,752	84,225	55,735	41,442	31,506	8,620
Minority Interest in Earnings	-38.3	-31.1	-12.1	-23.8	-14.3	-6.9
Net Income	98,713	84,194	55,723	41,418	31,492	8,613
Net Income to Common	98,713	84,194	55,723	41,418	31,492	8,613
Net Income Growth	43.23%	51.09%	34.54%	31.52%	265.61%	126.59%
Basic Shares Outstanding	1,326	1,275	1,245	1,218	1,129	526
Diluted Shares Outstanding	1,326	1,275	1,245	1,218	1,129	526
Shares Change (YoY)	6.47%	2.38%	2.22%	7.88%	114.77%	9.49%
EPS (Basic)	74.45	66.03	44.74	33.99	27.88	16.38
EPS (Diluted)	74.45	66.03	44.74	33.99	27.88	16.38
EPS Growth	34.53%	47.58%	31.63%	21.92%	70.21%	106.96%
Dividend Per Share	12.000	12.000	8.600	6.500	2.000	-
Dividend Growth	39.53%	39.53%	32.31%	225.00%	-	-
Effective Tax Rate	24.53%	25.54%	10.19%	-	-	41.81%

Source: S&P Capital IQ. Banks template. Financial Sources.