Bank of Maharashtra reports standalone net loss of Rs 455.45 crore in the March 2017 quarter

Capital Market May 4, 2017 Last Updated at 16:56 IST

Total Operating Income decline 7.74% to Rs 2970.36 crore

Net Loss of Bank of Maharashtra reported to Rs 455.45 crore in the quarter ended March 2017 as against net loss of Rs 119.84 crore during the previous quarter ended March 2016. Total Operating Income declined 7.74% to Rs 2970.36 crore in the quarter ended March 2017 as against Rs 3219.52 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 1372.51 crore in the year ended March 2017 as against net profit of Rs 100.69 crore during the previous year ended March 2016. Total Operating Income declined 7.59% to Rs 12061.96 crore in the year ended March 2017 as against Rs 13052.98 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Total Operating Income2970.363219.52 -8 12061.9613052.98 -8 OPM %13.9857.69 -43.4165.68 - PBDT-1407.28-100.17 -1305 -2143.07417.77 PL PBT-1407.28-100.17 -1305 -2143.07417.77 PL NP-455.45-119.84 -280 -1372.51100.69 PL

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