Corporation Bank reports standalone net profit of Rs 159.98 crore in the March 2017 quarter

Total Operating Income rise 2.19% to Rs 4838.04 crore

Net profit of Corporation Bank reported to Rs 159.98 crore in the quarter ended March 2017 as against net loss of Rs 510.97 crore during the previous quarter ended March 2016. Total Operating Income rose 2.19% to Rs 4838.04 crore in the quarter ended March 2017 as against Rs 4734.46 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 561.21 crore in the year ended March 2017 as against net loss of Rs 506.48 crore during the previous year ended March 2016. Total Operating Income rose 0.31% to Rs 19471.47 crore in the year ended March 2017 as against Rs 19411.24 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Total Operating Income4838.044734.46 2 19471.4719411.24 0 OPM %64.4542.76 -65.5759.27 - PBDT106.54-1235.29 LP 836.37-1931.31 LP PBT106.54-1235.29 LP 836.37-1931.31 LP NP159.98-510.97 LP 561.21-506.48 LP

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