Oriental Bank of Commerce reports standalone net profit of Rs 21.62 crore in the March 2016 quarter

Total Operating Income decline 2.60% to Rs 4958.35 crore

Net profit of Oriental Bank of Commerce reported to Rs 21.62 crore in the quarter ended March 2016 as against net loss of Rs 178.44 crore during the previous quarter ended March 2015. Total Operating Income declined 2.60% to Rs 4958.35 crore in the quarter ended March 2016 as against Rs 5090.86 crore during the previous quarter ended March 2015.

For the full year,net profit declined 68.60% to Rs 156.08 crore in the year ended March 2016 as against Rs 497.08 crore during the previous year ended March 2015. Total Operating Income rose 0.49% to Rs 20058.71 crore in the year ended March 2016 as against Rs 19961.38 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Total Operating Income4958.355090.86 -3 20058.7119961.38 0 OPM %59.7864.31 -66.0268.49 - PBDT-147.38109.09 PL 325.84915.21 -64 PBT-147.38109.09 PL 325.84915.21 -64 NP21.62-178.44 LP 156.08497.08 -69

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