Public Sector Banks :(Data will update as result will declare)
Private Sector Banks :
Quarterly Financial Results of Banks for Q1 2018
Public Sector Banks :(Data will update as result will declare)
Private Sector Banks :
Public Sector Banks :(Data will update as result will declare)
Private Sector Banks :
IDBI Bank posts Q1 net loss due to higher NPAs
IDBI Bank Ltd on Monday reported a net loss of Rs853.01 crore in the quarter against a profit of Rs241.10 crore in the same quarter last year due to increase in bad loans and slower credit growth.
However, the loss was restricted due to tax write-back of Rs339.61 crore.
Gross non-performing assets (NPAs) surged 84% to Rs50,173 crore during the quarter from Rs272.75 billion in the same quarter last year.
United Bank of India reported net loss in Q1 result
State-owned United Bank of India on Saturday reported a net loss of Rs211.46 crore during the first quarter ended June, on rise in non-performing assets (NPAs) and higher provisioning.
The bank had registered a net profit of Rs38.32 crore in the June quarter of previous fiscal. Total income of the bank during the reported quarter was marginally up at Rs2,852.61 crore as against Rs2,819.37 crore year ago, the bank said in a regulatory filing.
Allahabad Bank Q1 result, reported net profit of Rs 29 crore
State-run Allahabad Bank reported Rs 29 crore net profit for the first quarter riding on steady rise in treasury income and commission earned as well as on lower provision.
This is the second straight quarterly profit for the bank after a lackluster last fiscal. It had reported Rs 565 crore loss in the year ago period while made net profit of Rs 111 crore in the fourth quarter.
Corporation Bank Q1 net profit rises 67%
State-owned Corporation Bank has reported a rise of 67.5% in net profit at Rs 60.15 crore for the first quarter ended June 30, 2017.
Bank’s net profit in the April-June quarter of previous fiscal was at Rs 35.92 crore. However, total income of the bank was lower than a year earlier at Rs 5,112.99 crore during June quarter of 2017-18, as against Rs 5,241.11 crore in the same period year ago, due to fall in wholesale and retail earnings, it said in a regulatory filing.
Oriental Bank of Commerce(OBC) Q1 result, reported net loss
Public sector Oriental Bank of Commerce (OBC) on Friday reported a net loss of Rs486.20 crore for the first quarter ended June, due to lower income and higher provisioning for bad loans. The bank had posted a net profit of Rs100.69 crore in the April-June quarter of the previous fiscal.Bank of Baroda(BOB) Q1 result, net profit falls 52%
Public sector Bank of Baroda (BOB) on Friday reported nearly 52% fall in net profit at Rs203.39 crore for the first quarter ended June on higher provisioning, although NPAs remained largely unchanged.
The bank’s net profit in the corresponding April-June quarter of 2016-17 stood at Rs 423.62 crore.
State Bank of India(SBI) Q1 result, profit falls 20.4%
State Bank of India, India’s biggest lender by asset, on Friday reported 20.45% decline in its net profit for the June quarter as bad loans surged.
Net profit for the quarter was reported at Rs2,005.53 crore as compared to Rs2,520.96 crore a year ago. Fourteen analysts polled by Bloomberg had forecast a profit of Rs2,955.90 crore.
Provisions and contingencies surged 53.1% to Rs21,054.74 crore from Rs13,752.66 crore in the same quarter last year. Quarter on quarter, it fell 7.38% from Rs22,733.01 crore.
