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Indian Overseas Bank reports standalone net loss of Rs 646.66 crore in the March 2017 quarter

Capital Market 

Total Operating decline 15.39% to Rs 4629.60 crore

Net Loss of reported to Rs 646.66 crore in the quarter ended March 2017 as against net loss of Rs 936.19 crore during the previous quarter ended March 2016. Total Operating declined 15.39% to Rs 4629.60 crore in the quarter ended March 2017 as against Rs 5471.69 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 3416.74 crore in the year ended March 2017 as against net loss of Rs 2897.33 crore during the previous year ended March 2016. Total Operating declined 16.15% to Rs 19718.61 crore in the year ended March 2017 as against Rs 23517.29 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Total Operating Income4629.605471.69 -15 19718.6123517.29 -16 OPM %32.9427.89 -39.4349.79 - PBDT-748.75-1951.88 62 -3380.93-3898.11 13 PBT-748.75-1951.88 62 -3380.93-3898.11 13 NP-646.66-936.19 31 -3416.74-2897.33 -18

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 18 2017. 16:01 IST
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