Indbank Merchant Banking approved audited FY26 results with standalone net profit of ₹712.48 lakhs, down 15.8% YoY from ₹846.33 lakhs.
Revenue from operations declined 6.2% YoY to ₹2,511.27 lakhs, while expenses increased 1.2% to ₹1,549.91 lakhs.
Auditors issued unmodified opinion but emphasized matters including ₹1,842.78 lakhs tax dispute and ₹470.07 lakhs doubtful receivables.
Board declared no dividend and addressed legacy issues including dormant investments and unresolved client dividend liabilities.