Bank of India reports 12% rise in Q3 net profit

Bank Of India | Bank - Public | BFSI | BSE: 532149 | NSE: BANKINDIA

28 Jan 2013 Evaluate

Bank of India has reported results for third quarter ended December 31, 2012.

The bank has reported 12.19% rise in its net profit at Rs 803.48 crore for the quarter as compared to Rs 716.15 crore for the same quarter in the previous year. Total income of the bank has increased by 11.97% at Rs 8959.83 crore for quarter under review as compared to Rs 8002.27 crore for the quarter ended December 31, 2011.

The bank’s gross NPA for the December 31, 2012 quarter of the current fiscal stood at 3.08%, higher as compared to 2.74% in the same quarter of the previous year. Besides, bank’s Net NPA remained higher at 1.97% in the quarter under review as against 1.78% in Q3FY12.

Peers

Company Name	CMP
State Bank Of India	993.50
PNB	118.25
Bank Of Baroda	237.00
Canara Bank	125.80
Union Bank Of India	179.60
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