MoneyWorks4Me

Allahabad Bank reports net profit of Rs 111.16 crore in Q4FY17

17 May 2017 Evaluate

Allahabad Bank has reported results for fourth quarter and year ended March 31, 2017.   

The Bank has reported net profit of Rs 111.16 crore for the quarter ended March 31, 2017 as compared to net loss of Rs 681.13 crore for the same quarter in the previous year. Total income of the Bank increased by 1.06% at Rs 5105.07 crore for quarter under review as compared to Rs 5051.38 crore for the quarter ended March 31, 2016.  

For the year ended March 31, 2017, the Bank has posted net loss at Rs 313.51 crore as compared to Rs 743.31 crore in FY16. Total income of Bank decreased by 2.36% at Rs 20304.72 crore for year under review as compared to Rs 20795.07 crore for the year ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the Bank has posted net loss at Rs 279 crore as compared to Rs 719.84 crore in the previous year. Total income of the Bank decreased by 2.04% at Rs 20578.94 crore for year under review as compared to Rs 21006.81 crore for the year ended March 31, 2016.

Allaha.Bank-Amalgama Share Price

15.15 0.00 (0.00%)
19-Mar-2020 18:01 View Price Chart
Peers
Company Name CMP
State Bank Of India 1096.05
PNB 114.70
Bank Of Baroda 250.00
Canara Bank 131.50
Union Bank Of India 183.35
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: