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FINWIRES

Indian Bank Consolidated Profit Climbs in Fiscal Q4

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-- Indian Bank (NSE:INDIANB, BOM:532814) reported a growth in its consolidated net profit after minority interest to 31.7 billion Indian rupees in the fiscal fourth quarter ended March 31, up from 29.8 billion rupees a year ago.

Earnings per share grew to 23.56 rupees from 22.14 rupees, according to a Wednesday filing to the Indian stock exchanges.

Interest earned by the lender increased to 174.9 billion rupees from 158.6 billion rupees a year earlier.

The bank's board also recommended a dividend of 18.25 rupees per share for the financial year 2025-26.

Shares of the bank fell nearly 3% at market close.

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