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%.