Punjab National Bank net profit declines 28.69% in the March 2014 quarter

Total Operating Income rise 6.98% to Rs 11101.33 crore

Net profit of Punjab National Bank declined 28.69% to Rs 806.35 crore in the quarter ended March 2014 as against Rs 1130.80 crore during the previous quarter ended March 2013. Total Operating Income rose 6.98% to Rs 11101.33 crore in the quarter ended March 2014 as against Rs 10376.63 crore during the previous quarter ended March 2013.

For the full year,net profit declined 29.60% to Rs 3342.57 crore in the year ended March 2014 as against Rs 4747.67 crore during the previous year ended March 2013. Total Operating Income rose 3.19% to Rs 43223.25 crore in the year ended March 2014 as against Rs 41885.82 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Total Operating Income11101.3310376.63 7 43223.2541885.82 3 OPM %60.6965.51 -62.9170.04 - PBDT1034.741374.01 -25 4690.516521.76 -28 PBT1034.741374.01 -25 4690.516521.76 -28 NP806.351130.80 -29 3342.574747.67 -30

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