State Bank of Travancore net profit declines 70.73% in the March 2014 quarter

Total Operating Income rise 7.61% to Rs 2484.49 crore

Net profit of State Bank of Travancore declined 70.73% to Rs 48.58 crore in the quarter ended March 2014 as against Rs 165.98 crore during the previous quarter ended March 2013. Total Operating Income rose 7.61% to Rs 2484.49 crore in the quarter ended March 2014 as against Rs 2308.89 crore during the previous quarter ended March 2013.

For the full year,net profit declined 50.52% to Rs 304.34 crore in the year ended March 2014 as against Rs 615.04 crore during the previous year ended March 2013. Total Operating Income rose 12.41% to Rs 9706.55 crore in the year ended March 2014 as against Rs 8634.84 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Total Operating Income2484.492308.89 8 9706.558634.84 12 OPM %69.8477.04 -72.2078.16 - PBDT155.00275.63 -44 537.02895.71 -40 PBT155.00275.63 -44 537.02895.71 -40 NP48.58165.98 -71 304.34615.04 -51

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