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State Bank of Patiala reports standalone net loss of Rs 505.10 crore in the March 2016 quarter

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Capital Market

Total Operating Income rise 1.60% to Rs 2596.35 crore

Net loss of State Bank of Patiala reported to Rs 505.10 crore in the quarter ended March 2016 as against net profit of Rs 126.24 crore during the previous quarter ended March 2015. Total Operating Income rose 1.60% to Rs 2596.35 crore in the quarter ended March 2016 as against Rs 2555.48 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 972.40 crore in the year ended March 2016 as against net profit of Rs 362.06 crore during the previous year ended March 2015. Total Operating Income rose 1.02% to Rs 10457.10 crore in the year ended March 2016 as against Rs 10351.35 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Total Operating Income2596.352555.48 2 10457.1010351.35 1 OPM %22.2966.51 -51.3170.61 - PBDT-996.81194.10 PL -1344.69561.42 PL PBT-996.81194.10 PL -1344.69561.42 PL NP-505.10126.24 PL -972.40362.06 PL

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First Published: May 26 2016 | 1:54 PM IST

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