Bank of India has reported results for second quarter ended September 30, 2023 (Q2FY24).
The bank has reported 51.92% rise in its net profit at Rs 1,458.43 crore for the quarter under review as compared to Rs 960.00 crore for the same quarter in the previous year. Total income of the bank increased by 28.99% at Rs 16,659.13 crore for Q2FY24 as compared to Rs 12,914.72 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 97.93% rise in its net profit at Rs 1,488.82 crore for Q2FY24 as compared to Rs 752.18 crore for the same quarter in the previous year. Total income of the bank increased by 29.06% at Rs 16,779.41 crore for Q2FY24 as compared to Rs 13,001.32 crore for the corresponding quarter previous year.
