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Allahabad Bank reports standalone net loss of Rs 3509.63 crore in the March 2018 quarter

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Capital Market

Total Operating Income decline 13.62% to Rs 3776.81 crore

Net loss of Allahabad Bank reported to Rs 3509.63 crore in the quarter ended March 2018 as against net profit of Rs 111.16 crore during the previous quarter ended March 2017. Total Operating Income declined 13.62% to Rs 3776.81 crore in the quarter ended March 2018 as against Rs 4372.18 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 4674.37 crore in the year ended March 2018 as against net loss of Rs 313.51 crore during the previous year ended March 2017. Total Operating Income declined 7.37% to Rs 16358.49 crore in the year ended March 2018 as against Rs 17660.39 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Total Operating Income3776.814372.18 -14 16358.4917660.39 -7 OPM %-59.7043.77 -14.3251.67 - PBDT-4660.52-364.50 -1179 -6591.02-604.70 -990 PBT-4660.52-364.50 -1179 -6591.02-604.70 -990 NP-3509.63111.16 PL -4674.37-313.51 -1391

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First Published: May 12 2018 | 3:18 PM IST

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