The Mumbai University announced the TYBCom semester V results on Thursday , almost three months after the exams were held. The success rate of students, however, has dropped by 4.5%--from 61.92% last year to 57.42%.

Over 78,000 students had appeared for the exams in OctoberNovember 2016. Around 3,500 have scored an outstanding grade O grade, while 13,000 students have scored A grade, said an official. The number of students scoring O grades is almost the same as last year. While the summary of the results was released, students could not access their results online.