Bank of India has reported results for third quarter ended December 31, 2021.
The Bank has reported a rise of 90.02% in its net profit at Rs 1027.45 crore for the quarter under review as compared to Rs 540.72 crore for the same quarter in the previous year. However, total income of the bank decreased by 7.65% at Rs 11211.14 crore for Q3FY22 as compared Rs 12140.44 crore for the corresponding quarter previous year.
On the consolidated basis, the Bank has reported a rise of 63.19% in its net profit at Rs 996.04 crore for the quarter under review as compared to Rs 610.37 crore for the same quarter in the previous year. However, total income of the bank decreased by 7.64% at Rs 11270.60 crore for Q3FY22 as compared Rs 12202.41 crore for the corresponding quarter previous year.
