United Bank of India reports standalone net loss of Rs 413.04 crore in the March 2016 quarter

Total Operating Income decline 7.50% to Rs 2378.85 crore

Net loss of United Bank of India reported to Rs 413.04 crore in the quarter ended March 2016 as against net profit of Rs 104.52 crore during the previous quarter ended March 2015. Total Operating Income declined 7.50% to Rs 2378.85 crore in the quarter ended March 2016 as against Rs 2571.86 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 281.96 crore in the year ended March 2016 as against net profit of Rs 255.99 crore during the previous year ended March 2015. Total Operating Income declined 2.39% to Rs 9936.67 crore in the year ended March 2016 as against Rs 10180.48 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Total Operating Income2378.852571.86 -8 9936.6710180.48 -2 OPM %28.2454.26 -55.1362.84 - PBDT-928.10115.83 PL -710.69454.10 PL PBT-928.10115.83 PL -710.69454.10 PL NP-413.04104.52 PL -281.96255.99 PL

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