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Bank of India turns black in Q2

01 Nov 2019 Evaluate

Bank of India has reported results for second quarter ended September 30, 2019.

The Bank has reported a net profit of Rs 266.37 crore for the quarter under review against net loss of Rs 1156.25 crore for the same quarter in the previous year. Total income of the bank increased by 10.97% at Rs 11985.50 crore for Q2FY20 as compared Rs 10800.24 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported a net profit of Rs 257.31 crore for the quarter under review against net loss of Rs 1149.65 crore for the same quarter in the previous year. Total income of the bank increased by 10.72% at Rs 12062.55 crore for Q2FY20 as compared Rs 10895.05 crore for the corresponding quarter previous year.


Peers
Company Name CMP
State Bank Of India 952.65
PNB 118.20
Bank Of Baroda 232.50
Canara Bank 125.25
Union Bank Of India 172.55
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