Allahabad Bank reports standalone net loss of Rs 581.13 crore in the March 2016 quarter

Total Operating Income decline 6.80% to Rs 4496.65 crore

Net loss of Allahabad Bank reported to Rs 581.13 crore in the quarter ended March 2016 as against net profit of Rs 202.63 crore during the previous quarter ended March 2015. Total Operating Income declined 6.80% to Rs 4496.65 crore in the quarter ended March 2016 as against Rs 4824.85 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 743.31 crore in the year ended March 2016 as against net profit of Rs 620.90 crore during the previous year ended March 2015. Total Operating Income declined 4.22% to Rs 18884.94 crore in the year ended March 2016 as against Rs 19716.12 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Total Operating Income4496.654824.85 -7 18884.9419716.12 -4 OPM %23.4565.91 -52.7266.67 - PBDT-1613.90377.68 PL -1119.291603.05 PL PBT-1613.90377.68 PL -1119.291603.05 PL NP-581.13202.63 PL -743.31620.90 PL

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