Thursday, May 3, 2012

OBC Q4 PAT down 21% at Rs 265 cr


Oriental Bank of Commerce has announced its fourth quarter results. The bank's Q4 net profit was down 20.65% at Rs 265 crore versus Rs 334 crore, YoY.

Its gross NPA was up at 3.17% versus 2.92%, QoQ.

Its gross NPA was up 10.76% at Rs 3580 crore versus Rs 3,232 crore, QoQ.

Its NII was up 5.42% at Rs 1068 crore versus Rs 1,013 crore, YoY.

The company's net NPA was up at 2.21% versus 1.89%, QoQ.

Its provisioning coverage ratio was at 61.52%.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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