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PNB's Q4 standalone net profit at Rs 262 crore

IANS  |  Mumbai 

State-owned National (PNB) on Tuesday reported a standalone net profit for the fourth quarter (Q4) of 2016-17.

According to the bank, its standalone net profit during the quarter under review stood at Rs 261.90 crore from a loss of Rs 5,367.14 crore reported for the corresponding period of 2015-16.

The lender's total income during the quarter under review rose by 18.31 per cent to Rs 14,989.33 crore from Rs 12,669.21 crore earned during Q4 of FY16.

On a full financial year 2016-17 basis, PNB reported a consolidated net profit of Rs 1,187.24 crore from loss of Rs 3,689.77 crore in 2015-16.

The company's consolidated total income during the fiscal under review inched up by 0.56 per cent to Rs 57,225.66 crore from Rs 56,903.50 crore.



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

First Published: Tue, May 16 2017. 22:22 IST