Indian Bank standalone net profit rises 241.49% in the March 2017 quarter

Total Operating Income rise 0.81% to Rs 4016.50 crore

Net profit of Indian Bank rose 241.49% to Rs 319.70 crore in the quarter ended March 2017 as against Rs 93.62 crore during the previous quarter ended March 2016. Total Operating Income rose 0.81% to Rs 4016.50 crore in the quarter ended March 2017 as against Rs 3984.25 crore during the previous quarter ended March 2016.

For the full year,net profit rose 97.60% to Rs 1405.68 crore in the year ended March 2017 as against Rs 711.38 crore during the previous year ended March 2016. Total Operating Income declined 1.26% to Rs 16039.75 crore in the year ended March 2017 as against Rs 16243.78 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Total Operating Income4016.503984.25 1 16039.7516243.78 -1 OPM %57.5058.58 -65.0967.54 - PBDT263.2322.96 1046 1758.24955.30 84 PBT263.2322.96 1046 1758.24955.30 84 NP319.7093.62 241 1405.68711.38 98

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