Oriental Bank of Commerce reports standalone net loss of Rs 1218.01 crore in the March 2017 quarter

Total Operating Income decline 9.85% to Rs 4502.86 crore

Net loss of Oriental Bank of Commerce reported to Rs 1218.01 crore in the quarter ended March 2017 as against net profit of Rs 21.62 crore during the previous quarter ended March 2016. Total Operating Income declined 9.85% to Rs 4502.86 crore in the quarter ended March 2017 as against Rs 4995.02 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 1094.07 crore in the year ended March 2017 as against net profit of Rs 156.08 crore during the previous year ended March 2016. Total Operating Income declined 8.66% to Rs 18422.33 crore in the year ended March 2017 as against Rs 20168.50 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Total Operating Income4502.864995.02 -10 18422.3320168.50 -9 OPM %17.3360.07 -50.0766.21 - PBDT-1824.16-147.38 -1138 -1523.18325.84 PL PBT-1824.16-147.38 -1138 -1523.18325.84 PL NP-1218.0121.62 PL -1094.07156.08 PL

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