Syndicate Bank reports standalone net loss of Rs 2158.17 crore in the March 2016 quarter

Total Operating Income decline 2.11% to Rs 5682.37 crore

Net loss of Syndicate Bank reported to Rs 2158.17 crore in the quarter ended March 2016 as against net profit of Rs 416.92 crore during the previous quarter ended March 2015. Total Operating Income declined 2.11% to Rs 5682.37 crore in the quarter ended March 2016 as against Rs 5804.81 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 1643.49 crore in the year ended March 2016 as against net profit of Rs 1522.93 crore during the previous year ended March 2015. Total Operating Income rose 7.32% to Rs 23197.78 crore in the year ended March 2016 as against Rs 21615.16 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Total Operating Income5682.375804.81 -2 23197.7821615.16 7 OPM %34.8870.17 -62.7973.94 - PBDT-1396.48486.03 PL -138.911995.96 PL PBT-1396.48486.03 PL -138.911995.96 PL NP-2158.17416.92 PL -1643.491522.93 PL

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