MoneyWorks4Me

Bank of Baroda reports 10% rise in Q1 net profit

30 Jul 2012 Evaluate

Bank of Baroda has reported results for first quarter ended June 30, 2012.

The bank has registered a rise of 10.26% in its net profit at Rs 1138.86 crore for the quarter under review as compared to Rs 1032.85 crore for the same quarter in the previous year. Total income of the bank has increased by 28.27% at Rs 9328.41 crore for Q1FY13 as compared Rs 7272.64 crore for the corresponding quarter previous year.

Gross non-performing assets (NPAs) rose to 1.84% in the April-June quarter as against 1.46% in the same quarter previous year while net NPAs increased to 0.65%.

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
View more..