Indian Bank reported a net profit of ₹1,708.85 crore for the quarter ended March 31, 2021 as compared to net loss of ₹217.74 crore in the year-ago period. Sequentially, the lender reported a net profit ₹514.29 crore in Q3 FY21. The bank said pre-amalgamation figures of Q4 FY20 were not comparable with post-amalgamation financials of December 2020 and March 2021.