Indian Bank standalone net profit declines 59.02% in the March 2016 quarter

Total Operating Income rise 0.70% to Rs 3984.25 crore

Net profit of Indian Bank declined 59.02% to Rs 84.49 crore in the quarter ended March 2016 as against Rs 206.16 crore during the previous quarter ended March 2015. Total Operating Income rose 0.70% to Rs 3984.25 crore in the quarter ended March 2016 as against Rs 3956.37 crore during the previous quarter ended March 2015.

For the full year,net profit declined 29.23% to Rs 711.38 crore in the year ended March 2016 as against Rs 1005.17 crore during the previous year ended March 2015. Total Operating Income rose 2.47% to Rs 16243.78 crore in the year ended March 2016 as against Rs 15852.94 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Total Operating Income3984.253956.37 1 16243.7815852.94 2 OPM %58.5866.96 -67.5472.52 - PBDT13.83254.68 -95 955.301468.62 -35 PBT13.83254.68 -95 955.301468.62 -35 NP84.49206.16 -59 711.381005.17 -29

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