Canara Bank reports standalone net profit of Rs 214.18 crore in the March 2017 quarter

Capital Market 

Total Operating decline 2.24% to Rs 10492.92 crore

Net profit of reported to Rs 214.18 crore in the quarter ended March 2017 as against net loss of Rs 3905.49 crore during the previous quarter ended March 2016. Total Operating declined 2.24% to Rs 10492.92 crore in the quarter ended March 2017 as against Rs 10732.91 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 1121.92 crore in the year ended March 2017 as against net loss of Rs 2812.82 crore during the previous year ended March 2016. Total Operating declined 5.98% to Rs 41387.64 crore in the year ended March 2017 as against Rs 44022.13 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Total Operating Income10492.9210732.91 -2 41387.6444022.13 -6 OPM %53.8721.34 -61.8659.51 - PBDT264.18-4684.99 LP 1641.92-3185.77 LP PBT264.18-4684.99 LP 1641.92-3185.77 LP NP214.18-3905.49 LP 1121.92-2812.82 LP

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Canara Bank reports standalone net profit of Rs 214.18 crore in the March 2017 quarter

Total Operating Income decline 2.24% to Rs 10492.92 crore

Total Operating decline 2.24% to Rs 10492.92 crore

Net profit of reported to Rs 214.18 crore in the quarter ended March 2017 as against net loss of Rs 3905.49 crore during the previous quarter ended March 2016. Total Operating declined 2.24% to Rs 10492.92 crore in the quarter ended March 2017 as against Rs 10732.91 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 1121.92 crore in the year ended March 2017 as against net loss of Rs 2812.82 crore during the previous year ended March 2016. Total Operating declined 5.98% to Rs 41387.64 crore in the year ended March 2017 as against Rs 44022.13 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Total Operating Income10492.9210732.91 -2 41387.6444022.13 -6 OPM %53.8721.34 -61.8659.51 - PBDT264.18-4684.99 LP 1641.92-3185.77 LP PBT264.18-4684.99 LP 1641.92-3185.77 LP NP214.18-3905.49 LP 1121.92-2812.82 LP

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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