Bank of Baroda surges on reporting 64% rise in Q1 consolidated net profit
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Bank Of Baroda is currently trading at Rs. 117.05, up by 0.80 points or 0.69% from its previous closing of Rs. 116.25 on the BSE.
The scrip opened at Rs. 118.05 and has touched a high and low of Rs. 118.35 and Rs. 113.35 respectively. So far 1348068 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 122.65 on 11-Apr-2022 and a 52 week low of Rs. 72.50 on 23-Aug-2021.
Last one week high and low of the scrip stood at Rs. 119.85 and Rs. 113.35 respectively. The current market cap of the company is Rs. 59910.23 crore.
The promoters holding in the company stood at 63.97%, while Institutions and Non-Institutions held 25.08% and 10.95% respectively.
Bank of Baroda has reported a rise of 79.39% in its net profit at Rs 2,168.13 crore for the quarter ended June 30, 2022 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 ended June 30, 2022 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.
