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Bank of India reports 8% rise in Q1 net profit

31 Jul 2018 Evaluate

Bank of India has reported results for first quarter ended June 30, 2018.

The Bank has reported 8.44% rise in its net profit at Rs 95.11 crore for the quarter under review as compared to Rs 87.71 crore for the same quarter in the previous year. However, total income of the Bank marginally decreased by 2.37% at Rs 10,842.96 crore for Q1FY19 as compared Rs 11,106.61 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the April-June quarter of the current fiscal increased to 16.66%, as compared to 13.05% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 8.45% in Q1FY19.

Bank Of India Share Price

140.50 -2.20 (-1.54%)
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Company Name CMP
State Bank Of India 1027.10
PNB 106.80
Bank Of Baroda 272.80
Canara Bank 125.45
Union Bank Of India 172.40
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