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Bank of Baroda reports 5% fall in Q2 net profit

07 Nov 2014 Evaluate

Bank of Baroda has reported results for second quarter ended September 30, 2014.

The bank has registered 5.46% fall in its net profit at Rs 1104.22 crore for the quarter under review as compared to Rs 1168.10 crore for the same quarter in the previous year. However, total income of the bank has increased 13.11% at Rs 11817.32 crore for Q2FY15 as compared Rs 10447.31 crore for the corresponding quarter previous year.

Gross non-performing assets (NPAs) increased to 3.32% in the July-September quarter as against 3.15% in the same quarter previous year, while net NPAs stood to 1.74%.

Peers
Company Name CMP
State Bank Of India 961.00
PNB 122.50
Bank Of Baroda 238.50
Canara Bank 118.35
Union Bank Of India 185.20
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