08-08-2021 10:50 AM | Source: Reuters
India's Bank of Baroda posts June qtr net profit of 12.08 billion rupees
MUMBAI- India's Bank of Baroda reported a stand alone net profit of 12.08 billion rupees ($163 million) in the June quarter compared to a loss of 8.64 billion a year earlier, the state-run lender said in an exchange filing on Saturday.
Net interest income rose 15.79% to 78.92 billion rupees, it said.
Gross non-performing assets (NPAs) stayed flat sequentially at 8.86% in Q1 2021/22 while net NPAs fell slightly to 3.03%.
In Q4 2020/21, gross NPAs stood at 8.87% while net NPAs stood at 3.09%.
Latest News
Asian Energy Services Limited Q4FY24: Reports signi...
IDBI Bank reports 55% rise in profits on YoY basis
Accumulate Symphony Ltd Target Rs. 1,151 - Geojit Fi...
`Markets can turn volatile in the near term`
India`s Kotak Mahindra Bank beats estimates with 26%...
Coming Week's Market Report from Arvinder Singh Nand...
Nifty, Bank Nifty and Stocks to watch out 04.05.2024...
IN-SPACe releases Norms, Guidelines and Procedures (...
Adani Ports & SEZ eyes significant expansion into th...
Sell Petronet LNG Ltd For Target Rs.229 By Yes Secur...