State Bank of India reports standalone net loss of Rs 7718.17 crore in the March 2018 quarter

Total Operating Income rise 18.04% to Rs 55941.28 crore

Net loss of State Bank of India reported to Rs 7718.17 crore in the quarter ended March 2018 as against net profit of Rs 2814.82 crore during the previous quarter ended March 2017. Total Operating Income rose 18.04% to Rs 55941.28 crore in the quarter ended March 2018 as against Rs 47392.57 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 6547.45 crore in the year ended March 2018 as against net profit of Rs 10484.10 crore during the previous year ended March 2017. Total Operating Income rose 25.63% to Rs 220499.31 crore in the year ended March 2018 as against Rs 175518.24 crore during the previous year ended March 2017.

 

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Total Operating Income55941.2847392.57 18 220499.31175518.24 26 OPM %20.1349.12 -38.7853.02 - PBDT-12212.894286.37 PL -20964.4114855.16 PL PBT-12212.894286.37 PL -20964.4114855.16 PL NP-7718.172814.82 PL -6547.4510484.10 PL

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