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Bank of Baroda reports 41% rise in Q2 consolidated net profit

11 Nov 2019 Evaluate

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

The Bank has reported a rise of 73.18% in its net profit at Rs 736.68 crore for the quarter under review as compared to Rs 425.38 crore for the same quarter in the previous year. Total income of the Bank increased by 60.25% at Rs 22,097.91 crore for Q2FY20 as compared Rs 13429.95 crore for the corresponding quarter previous year.

On the consolidated basis, the Bank has reported a rise of 41.36% in its net profit at Rs 853.41 crore for the quarter under review as compared to Rs 603.71 crore for the same quarter in the previous year. Total income of the Bank increased by 60.25% at Rs 23,304.57 crore for Q2FY20 as compared Rs 14,542.79 crore for the corresponding quarter previous year.

Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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