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Oriental Bank Q2 net up 80% at Rs 302 cr

The bank had posted net profit of Rs 167.74 crore during the same period last fiscal.

Press Trust of India New Delhi

Oriental Bank of Commerce today reported 80% jump in net profit at Rs 302.19 crore for the second quarter ended September 2012.

The bank had posted net profit of Rs 167.74 crore during the same period last fiscal.

Total income of the bank rose by 18.21% to Rs 4,821.37 crore in the July-September quarter against Rs 4,078.48 crore a year ago.

OBC scrip was trading at Rs 306.30 apiece in afternoon trade on the BSE, up 4.29% from the previous close.

 

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First Published: Oct 25 2012 | 3:36 PM IST

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