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Bank of India reports standalone net loss of Rs 3587.09 crore in the March 2016 quarter

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Capital Market

Total Operating Income decline 5.94% to Rs 10501.33 crore

Net Loss of Bank of India reported to Rs 3587.09 crore in the quarter ended March 2016 as against net loss of Rs 56.14 crore during the previous quarter ended March 2015. Total Operating Income declined 5.94% to Rs 10501.33 crore in the quarter ended March 2016 as against Rs 11164.83 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 6089.21 crore in the year ended March 2016 as against net profit of Rs 1708.92 crore during the previous year ended March 2015. Total Operating Income declined 3.84% to Rs 41796.48 crore in the year ended March 2016 as against Rs 43464.71 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Total Operating Income10501.3311164.83 -6 41796.4843464.71 -4 OPM %23.0957.03 -44.5768.29 - PBDT-4006.17-828.94 -383 -7790.771795.05 PL PBT-4006.17-828.94 -383 -7790.771795.05 PL NP-3587.09-56.14 -6290 -6089.211708.92 PL

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First Published: May 24 2016 | 6:00 PM IST

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