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IDBI Bank reports standalone net loss of Rs 1735.81 crore in the March 2016 quarter

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Capital Market

Total Operating Income decline 6.53% to Rs 6928.39 crore

Net loss of IDBI Bank reported to Rs 1735.81 crore in the quarter ended March 2016 as against net profit of Rs 545.94 crore during the previous quarter ended March 2015. Total Operating Income declined 6.53% to Rs 6928.39 crore in the quarter ended March 2016 as against Rs 7412.08 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 3664.80 crore in the year ended March 2016 as against net profit of Rs 873.39 crore during the previous year ended March 2015. Total Operating Income declined 0.39% to Rs 28043.10 crore in the year ended March 2016 as against Rs 28153.99 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Total Operating Income6928.397412.08 -7 28043.1028153.99 0 OPM %18.7661.42 -48.4069.92 - PBDT-2854.78771.26 PL -4970.751287.33 PL PBT-2854.78771.26 PL -4970.751287.33 PL NP-1735.81545.94 PL -3664.80873.39 PL

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First Published: May 20 2016 | 5:09 PM IST

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