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Bank of Baroda turns black in Q3

28 Jan 2021 Evaluate

Bank of Baroda has reported results for third quarter ended December 31, 2020.

The bank has reported a net profit at Rs 1,061.11 crore for the quarter under review against net loss of Rs 1,406.96 crore for the same quarter in the previous year. However, total income of the bank decreased by 5.25% at Rs 20,664.23 crore for Q3FY21 as compared Rs 21,809.07 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported a net profit of Rs 1,195.96 crore for the quarter under review against net loss of Rs 1,219.04 crore for the same quarter in the previous year. However, total income of the bank decreased by 4.60 % at Rs 22,070.52 crore for Q3FY21 as compared Rs 23,134.67 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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