Bank of Baroda has reported results for first quarter ended June 30, 2019.
The Bank has reported a rise of 34.38% in its net profit at Rs 709.87 crore for the quarter under review as compared to Rs 528.26 crore for the same quarter in the previous year. Total income of the Bank increased by 63.13% at Rs 20,860.90 crore for Q1FY20 as compared Rs 12,787.71 crore for the corresponding quarter previous year.
On the consolidated basis, the Bank has reported a rise of 27.09% in its net profit at Rs 833.96 crore for the quarter under review as compared to Rs 656.18 crore for the same quarter in the previous year. Total income of the Bank increased by 60.65% at Rs 22,056.95 crore for Q1FY20 as compared Rs 13,729.50 crore for the corresponding quarter previous year.
