Indian Bank standalone net profit declines 58.72% in the March 2018 quarter

Total Operating Income rise 11.14% to Rs 4463.89 crore

Net profit of Indian Bank declined 58.72% to Rs 131.98 crore in the quarter ended March 2018 as against Rs 319.70 crore during the previous quarter ended March 2017. Total Operating Income rose 11.14% to Rs 4463.89 crore in the quarter ended March 2018 as against Rs 4016.50 crore during the previous quarter ended March 2017.

For the full year,net profit declined 10.44% to Rs 1258.99 crore in the year ended March 2018 as against Rs 1405.68 crore during the previous year ended March 2017. Total Operating Income rose 6.70% to Rs 17113.65 crore in the year ended March 2018 as against Rs 16039.75 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Total Operating Income4463.894016.50 11 17113.6516039.75 7 OPM %43.7657.50 -55.6365.09 - PBDT-382.57263.23 PL 1076.421758.24 -39 PBT-382.57263.23 PL 1076.421758.24 -39 NP131.98319.70 -59 1258.991405.68 -10

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