Indian Bank has reported results for the fourth quarter and year ended March 31, 2016.
The bank has posted a fall of 59.02% in its net profit at Rs 84.49 crore for the quarter ended March 31, 2016 as compared to Rs 206.16 crore for the same quarter in the previous year. However, total income of the bank has increased by 2.34% at Rs 4513.60 crore for quarter under review as compared to Rs 4410.49 crore for the quarter ended March 31, 2015.
For the year ended March 31, 2016, the bank has posted a fall of 29.23% in its net profit at Rs 711.38 crore as compared to Rs 1005.17 crore for the same period in the previous year. However, total income of bank increased 4.70% at Rs 18025.20 crore for year under review as compared to Rs 17216.30 crore for the period ended March 31, 2015.
For the year ended March 31, 2016, on the consolidated basis, the bank has posted fall of 28.36% in its net profit after taxes, minority interest and share of profit of associates at Rs 751.29 crore as compared to Rs 1048.76 crore for the same period in the previous year. However, total income of bank has increased by 4.69% at Rs 18033.20 crore for year under review as compared to Rs 17225.56 crore for the period ended March 31, 2015.
Company Name | CMP |
---|---|
SBI | 809.20 |
Bank Of Baroda | 268.05 |
PNB | 135.40 |
Canara Bank | 619.55 |
Union Bank Of India | 152.95 |
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