Oriental Bank of Commerce (OBC), a nationalized public sector bank, on Thursday reported a fall of 29.27% in its net profit for the quarter ended Jun. 30, 2015. The bank earned a profit of Rs 2.57 billion for the quarter ended Jun. 30, 2014.

The bank's quarterly income totaled at Rs 55.68 billion, decrease of 0.14% over Rs 55.76 billion in the same period a year ago.

Net NPA was at Rs 53.57 billion as on Jun. 30, 2015, as compared to Rs 42.28 billion on Jun. 30, 2014, representing an increase of 26.70%.
 
In percentage term, net NPAs were at 3.76% at the end of the quarter, Jun. 30, 2015, higher by 3.11% from last year period.
 
Capital adequacy ratio (CAR) under Basel III of the bank was at 11.07% as on Jun. 30, 2015.

Shares of the bank gained Rs 5.15, or 3.27%, to trade at Rs 162.50. The total volume of shares traded was 572,951 at the BSE (1.41 p.m., Thursday).