Indbank Merchant Banking Services Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported revenue was INR 42.32 million compared to INR 50.66 million a year ago. Net income was INR 5.41 million compared to INR 11.79 million a year ago.

Basic earnings per share from continuing operations was INR 0.12 compared to INR 0.27 a year ago.