OBC Q4 net at Rs 99.44 cr

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Lakshmi

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Apr 23, 2008, 5:36:38 AM4/23/08
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Oriental Bank of Commerce (OBC) has announced the following Audited
results for the quarter & year ended March 31, 2008:
The Audited results for the Quarter ended March 31, 2008:

The Bank has posted a net loss of Rs 99.44 crore for the quarter ended
March 31, 2008 as compared to profit of Rs 54.86 crore for the quarter
ended March 31, 2007. Total Income has increased from Rs 1577.29 crore
for the quarter ended March 31, 2007 to Rs 2071.01 crore for the
quarter ended March 31, 2008.

The Audited results for the Year ended March 31, 2008:

The Bank has posted a net profit of Rs 353.22 crore for the year ended
March 31, 2008 as compared to Rs 580.81 crore for the year ended March
31, 2007. Total Income has increased from Rs 5652.91 crore for the
year ended March 31, 2007 to Rs 7454.84 crore for the year ended March
31, 2008.



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