Bank of Baroda posts Rs 1,061 crore net profit in Q3
On a consolidated basis, the bank's net profit stood at Rs 1,196 crore.
- Jan 27, 2021,
- Updated Jan 27, 2021 5:42 PM IST
Bank of Baroda on Wednesday reported a net profit of Rs 1,061 crore for October-December quarter of the ongoing financial year as against a net loss of Rs 1,407 crore in the year-ago quarter. Sequentially, net profit declined 37 per cent from Rs 1,679 crore in the preceding July-September quarter.
On a consolidated basis, the bank's net profit stood at Rs 1,196 crore during the quarter under review as compared with a net loss of Rs 1,219 crore in the corresponding quarter of previous year.
The state-owned bank's net interest income grew 8.65 per cent year-on-year to Rs 7,749 crore during the quarter, while non-interest income rose 5.77 per cent to Rs 2,896 crore.
Marico Q3 results: Profit up 13% at Rs 312 crore, India revenue rises 18%
Bank of Baroda on Wednesday reported a net profit of Rs 1,061 crore for October-December quarter of the ongoing financial year as against a net loss of Rs 1,407 crore in the year-ago quarter. Sequentially, net profit declined 37 per cent from Rs 1,679 crore in the preceding July-September quarter.
On a consolidated basis, the bank's net profit stood at Rs 1,196 crore during the quarter under review as compared with a net loss of Rs 1,219 crore in the corresponding quarter of previous year.
The state-owned bank's net interest income grew 8.65 per cent year-on-year to Rs 7,749 crore during the quarter, while non-interest income rose 5.77 per cent to Rs 2,896 crore.
Marico Q3 results: Profit up 13% at Rs 312 crore, India revenue rises 18%