Business Standard

Indian Overseas Bank reports standalone net loss of Rs 3606.73 crore in the March 2018 quarter

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Capital Market

Total Operating Income rise 4.28% to Rs 4827.55 crore

Net Loss of Indian Overseas Bank reported to Rs 3606.73 crore in the quarter ended March 2018 as against net loss of Rs 646.66 crore during the previous quarter ended March 2017. Total Operating Income rose 4.28% to Rs 4827.55 crore in the quarter ended March 2018 as against Rs 4629.60 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 6299.49 crore in the year ended March 2018 as against net loss of Rs 3416.74 crore during the previous year ended March 2017. Total Operating Income declined 9.15% to Rs 17915.21 crore in the year ended March 2018 as against Rs 19718.61 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Total Operating Income4827.554629.60 4 17915.2119718.61 -9 OPM %-73.2832.94 -0.3939.43 - PBDT-5645.40-748.75 -654 -8631.70-3380.93 -155 PBT-5645.40-748.75 -654 -8631.70-3380.93 -155 NP-3606.73-646.66 -458 -6299.49-3416.74 -84

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First Published: May 30 2018 | 4:35 PM IST

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