Oriental Bank of Commerce reports standalone net loss of Rs 1650.22 crore in the March 2018 quarter

Total Operating Income decline 5.69% to Rs 4246.63 crore

Net Loss of Oriental Bank of Commerce reported to Rs 1650.22 crore in the quarter ended March 2018 as against net loss of Rs 1218.01 crore during the previous quarter ended March 2017. Total Operating Income declined 5.69% to Rs 4246.63 crore in the quarter ended March 2018 as against Rs 4502.86 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 5871.74 crore in the year ended March 2018 as against net loss of Rs 1094.07 crore during the previous year ended March 2017. Total Operating Income declined 5.56% to Rs 17398.89 crore in the year ended March 2018 as against Rs 18422.33 crore during the previous year ended March 2017.

 

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Total Operating Income4246.634502.86 -6 17398.8918422.33 -6 OPM %18.2517.33 -23.0650.07 - PBDT-1934.22-1824.16 -6 -6094.42-1523.18 -300 PBT-1934.22-1824.16 -6 -6094.42-1523.18 -300 NP-1650.22-1218.01 -35 -5871.74-1094.07 -437

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