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| Exchange Disseminated Time 27/05/2016 18:33:32 | Indian Overseas Bank has announced the following results for the quarter & year ended March 31, 2016:
The Audited Standalone results for the Quarter ended March 31, 2016
The Bank has posted a net loss of Rs. (9361.90) million for the quarter ended March 31, 2016 as compared to net profit of Rs. 355.00 million for the quarter ended March 31, 2015. Total Income has decreased from Rs. 67040.30 million for the quarter ended March 31, 2015 to Rs. 61577.20 million for the quarter ended March 31, 2016.
The Audited Standalone results for the Year ended March 31, 2016
The Bank has posted a net loss of Rs. (28973.30) million for the year ended March 31, 2016 as compared to net loss of Rs. (4543.30) million for the year ended March 31, 2015. Total Income has decreased from Rs. 260769.30 million for the year ended March 31, 2015 to Rs. 260455.50 million for the year ended March 31, 2016. |
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