Andhra Bank reports standalone net loss of Rs 2535.82 crore in the March 2018 quarter

Total Operating Income decline 3.52% to Rs 4605.87 crore

Net loss of Andhra Bank reported to Rs 2535.82 crore in the quarter ended March 2018 as against net profit of Rs 35.12 crore during the previous quarter ended March 2017. Total Operating Income declined 3.52% to Rs 4605.87 crore in the quarter ended March 2018 as against Rs 4774.09 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 3412.53 crore in the year ended March 2018 as against net profit of Rs 174.33 crore during the previous year ended March 2017. Total Operating Income declined 0.29% to Rs 17974.54 crore in the year ended March 2018 as against Rs 18027.42 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Total Operating Income4605.874774.09 -4 17974.5418027.42 0 OPM %-36.1453.91 -21.1858.50 - PBDT-4063.10135.12 PL -5460.81359.33 PL PBT-4063.10135.12 PL -5460.81359.33 PL NP-2535.8235.12 PL -3412.53174.33 PL

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