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Bank of India reports 8% fall in Q3 consolidated net profit

17 Jan 2023 Evaluate

Bank of India has reported results for third quarter ended December 31, 2022 (Q3FY23)

The bank has reported rise of 12.03% in its net profit at Rs 1151.01 crore for Q3FY23 as compared to Rs 1027.45 crore for the corresponding quarter previous year. Total income of the bank increased by 26.30% to Rs 14159.60 crore for the quarter under review as compared to Rs 11211.14 crore for the same quarter in the previous year.

On the consolidated basis, the bank has reported fall of 8.16% in its net profit at Rs 914.72 crore for the quarter under review as compared to Rs 996.04 crore for the same quarter in the previous year. However, total income of the bank increased by 26.15% to Rs 14218.03 crore for the quarter under review as compared to Rs 11270.60 crore for the same quarter in the previous year.

Peers
Company Name CMP
State Bank Of India 955.90
PNB 116.55
Bank Of Baroda 237.60
Canara Bank 120.20
Union Bank Of India 171.50
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