Net profit of Indbank Merchant Banking Services declined 43.64% to Rs 1.86 crore in the quarter ended September 2025 as against Rs 3.30 crore during the previous quarter ended September 2024. Sales declined 22.76% to Rs 6.28 crore in the quarter ended September 2025 as against Rs 8.13 crore during the previous quarter ended September 2024.