United Bank of India reports standalone net profit of Rs 73.56 crore in the March 2017 quarter

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Total Operating Income decline 1.15% to Rs 2351.58 crore
Net profit of United Bank of India reported to Rs 73.56 crore in the quarter ended March 2017 as against net loss of Rs 413.04 crore during the previous quarter ended March 2016. Total Operating Income declined 1.15% to Rs 2351.58 crore in the quarter ended March 2017 as against Rs 2378.85 crore during the previous quarter ended March 2016.For the full year,net profit reported to Rs 219.51 crore in the year ended March 2017 as against net loss of Rs 281.96 crore during the previous year ended March 2016. Total Operating Income declined 5.12% to Rs 9427.91 crore in the year ended March 2017 as against Rs 9936.67 crore during the previous year ended March 2016.
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First Published: May 19 2017 | 4:52 PM IST