UCO Bank reports standalone net loss of Rs 588.19 crore in the March 2017 quarter

Total Operating Income decline 17.06% to Rs 3614.24 crore

Net Loss of UCO Bank reported to Rs 588.19 crore in the quarter ended March 2017 as against net loss of Rs 1715.15 crore during the previous quarter ended March 2016. Total Operating Income declined 17.06% to Rs 3614.24 crore in the quarter ended March 2017 as against Rs 4357.68 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 1850.67 crore in the year ended March 2017 as against net loss of Rs 2799.25 crore during the previous year ended March 2016. Total Operating Income declined 12.04% to Rs 16325.80 crore in the year ended March 2017 as against Rs 18560.97 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Total Operating Income3614.244357.68 -17 16325.8018560.97 -12 OPM %58.9428.90 -52.4050.31 - PBDT-582.08-1777.22 67 -1839.83-2779.16 34 PBT-582.08-1777.22 67 -1839.83-2779.16 34 NP-588.19-1715.15 66 -1850.67-2799.25 34

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