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Bank of Baroda reports 64% rise in Q1 consolidated net profit

01 Aug 2022 Evaluate

Bank of Baroda has reported results for first quarter ended June 30, 2022.

The bank has reported a rise of 79.39% in its net profit at Rs 2,168.13 crore for the quarter under review as compared to Rs 1,208.63 crore for the same quarter in the previous year. Total income of the bank increased marginally by 1.02% at Rs 20,119.52 crore for Q1FY23 as compared Rs 19,915.83 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported a rise of 63.83% in its net profit at Rs 1,943.90 crore for the quarter under review as compared to Rs 1,186.54 crore for the same quarter in the previous year. Total income of the bank increased marginally by 1.60% at Rs 21,576.76 crore for Q1FY23 as compared Rs 21,237.98 crore for the corresponding quarter previous year.

Peers
Company Name CMP
State Bank Of India 997.00
PNB 116.65
Bank Of Baroda 237.80
Canara Bank 123.90
Union Bank Of India 178.00
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