Allahabad Bank reports standalone net profit of Rs 111.16 crore in the March 2017 quarter

Total Operating Income decline 2.77% to Rs 4372.18 crore

Net profit of Allahabad Bank reported to Rs 111.16 crore in the quarter ended March 2017 as against net loss of Rs 581.13 crore during the previous quarter ended March 2016. Total Operating Income declined 2.77% to Rs 4372.18 crore in the quarter ended March 2017 as against Rs 4496.65 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 313.51 crore in the year ended March 2017 as against net loss of Rs 743.31 crore during the previous year ended March 2016. Total Operating Income declined 6.48% to Rs 17660.39 crore in the year ended March 2017 as against Rs 18884.94 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Total Operating Income4372.184496.65 -3 17660.3918884.94 -6 OPM %43.7723.45 -51.6752.72 - PBDT-364.50-1613.90 77 -604.70-1119.29 46 PBT-364.50-1613.90 77 -604.70-1119.29 46 NP111.16-581.13 LP -313.51-743.31 58

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