Lakshmi Vilas Bank standalone net profit rises 6.30% in the March 2017 quarter

Total Operating Income rise 10.09% to Rs 733.56 crore

Net profit of Lakshmi Vilas Bank rose 6.30% to Rs 52.16 crore in the quarter ended March 2017 as against Rs 49.07 crore during the previous quarter ended March 2016. Total Operating Income rose 10.09% to Rs 733.56 crore in the quarter ended March 2017 as against Rs 666.33 crore during the previous quarter ended March 2016.

For the full year,net profit rose 42.07% to Rs 256.07 crore in the year ended March 2017 as against Rs 180.24 crore during the previous year ended March 2016. Total Operating Income rose 10.84% to Rs 2846.66 crore in the year ended March 2017 as against Rs 2568.30 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Total Operating Income733.56666.33 10 2846.662568.30 11 OPM %60.5971.16 -68.2071.98 - PBDT70.1673.07 -4 380.07230.24 65 PBT70.1673.07 -4 380.07230.24 65 NP52.1649.07 6 256.07180.24 42

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