Bank of India has reported results for third quarter ended December 31, 2023 (Q3FY24).
The bank has reported 62.42% rise in its net profit at Rs 1869.51 crore for the quarter under review as compared to Rs 1151.01 crore for the same quarter in the previous year. Total income of the bank increased by 15.90% at Rs 16411.10 crore for Q3FY24 as compared to Rs 14159.60 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported over 2- fold jump in its net profit at Rs 1930.48 crore for Q3FY24 as compared to Rs 914.72 crore for the same quarter in the previous year. Total income of the bank increased by 16.20% at Rs 16520.83 crore for Q3FY24 as compared to Rs 14218.03 crore for the corresponding quarter previous year.
