Bank of Baroda reports net loss of Rs 3102.34 crore in Q4

Bank Of Baroda | Bank - Public | BFSI | BSE: 532134 | NSE: BANKBARODA

28 May 2018 Evaluate

Bank of Baroda has reported results for the fourth quarter and year ended March 31, 2018.

The Bank has reported a net loss of Rs 3102.34 crore for the quarter ended March 31, 2018 as compared to net profit of Rs 154.72 crore for the same quarter in the previous year. Total income of the Bank decreased marginally by 0.91% at Rs 12735.16 crore for quarter under review as compared to Rs 12852.44 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the Bank has posted a net loss of Rs 2431.81 crore as compared to net profit of Rs 1383.13 crore for the previous year. However, total income of Bank increased by 2.75% at Rs 50305.69 crore for year under review as compared to Rs 48957.99 crore for the year ended March 31, 2017.

Peers

Company Name	CMP
State Bank Of India	997.00
PNB	116.65
Bank Of Baroda	237.80
Canara Bank	123.90
Union Bank Of India	178.00
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