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Bank of Baroda reports 22% rise in Q2 consolidated net profit

10 Nov 2021 Evaluate

Bank of Baroda has reported results for second quarter ended September 30, 2021.

The bank has reported a rise of 24.38% in its net profit at Rs 2,087.85 crore for the quarter under review as compared to Rs 1,678.60 crore for the same quarter in the previous year. However, total income of the bank decreased by 2.21% at Rs 20,270.74 crore for Q2FY22 as compared Rs 20,729.31 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported a rise of 22.39% in its net profit at Rs 2,167.85 crore for the quarter under review as compared to Rs 1,771.21 crore for the same quarter in the previous year. Total income of the bank increased marginally by 0.63% at Rs 21,998.76 crore for Q2FY22 as compared Rs 21,861.23 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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