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Federal Bank standalone net profit declines 96.34% in the March 2016 quarter

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Capital Market

Total Operating Income rise 6.20% to Rs 2026.52 crore

Net profit of Federal Bank declined 96.34% to Rs 10.26 crore in the quarter ended March 2016 as against Rs 280.53 crore during the previous quarter ended March 2015. Total Operating Income rose 6.20% to Rs 2026.52 crore in the quarter ended March 2016 as against Rs 1908.28 crore during the previous quarter ended March 2015.

For the full year,net profit declined 52.71% to Rs 475.65 crore in the year ended March 2016 as against Rs 1005.75 crore during the previous year ended March 2015. Total Operating Income rose 4.38% to Rs 7744.69 crore in the year ended March 2016 as against Rs 7419.46 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Total Operating Income2026.521908.28 6 7744.697419.46 4 OPM %55.2573.81 -66.8076.58 - PBDT5.88429.37 -99 719.651521.04 -53 PBT5.88429.37 -99 719.651521.04 -53 NP10.26280.53 -96 475.651005.75 -53

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First Published: May 03 2016 | 12:41 PM IST

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