The Oriental Bank of Commerce has posted 82 per cent increase in net profit at Rs 252 crore for the quarter ended December 31, 2008 as compared to Rs 138 crore for the same quarter a year ago.
Total income has increased 41 per cent at Rs 2,718 crore for the quarter as compared to Rs 1,915 crore for the corresponding quarter of the previous fiscal.
The share price of the bank today rose 3.31 per cent at Rs 142 as compared to the previous closing of Rs 137.45 on the Bombay Stock Exchange.
