Punjab & Sind Bank reports standalone net loss of Rs 524.62 crore in the March 2018 quarter

Total Operating Income rise 0.20% to Rs 1966.30 crore

Net loss of Punjab & Sind Bank reported to Rs 524.62 crore in the quarter ended March 2018 as against net profit of Rs 8.33 crore during the previous quarter ended March 2017. Total Operating Income rose 0.20% to Rs 1966.30 crore in the quarter ended March 2018 as against Rs 1962.46 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 743.80 crore in the year ended March 2018 as against net profit of Rs 201.08 crore during the previous year ended March 2017. Total Operating Income declined 2.74% to Rs 7948.75 crore in the year ended March 2018 as against Rs 8172.87 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Total Operating Income1966.301962.46 0 7948.758172.87 -3 OPM %43.7760.24 -57.0869.57 - PBDT-476.48-64.45 -639 -594.84250.47 PL PBT-476.48-64.45 -639 -594.84250.47 PL NP-524.628.33 PL -743.80201.08 PL

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