Bank of Baroda Announced 11.6% Profit Growth in Q2, 2012
OREANDA-NEWS. November 14, 2012. Bank of Baroda (BoB), one of the leading public sector lenders today reported a rise of 11.60% in net profit to Rs 13.01 billion for the quarter ended Sept. 30, 2012 as compared to Rs 11.66 billion for the quarter ended Sept. 30, 2011. Analysts had on an average estimated profit of Rs 11.47 billion.
Total income has gone up 19.60% to Rs 95.51 billion for the quarter ended Sept. 30, 2012 from Rs 79.86 billion in the year ago period.
Interest earned during the quarter ended Sept. 30, 2012 was at Rs 87.23 billion as compared to Rs 72.51 billion for the quarter ended Sept. 30, 2011, representing an increase of 20.29%.
Net NPA was at Rs 23.85 billion for the quarter ended Sept. 30, 2012, as compared to 11.19 billion for the quarter ended Sept. 30, 2011, representing an increase of 2.13 times.
Net NPA was at 0.82% for the quarter ended Sept. 30, 2012, as compared to 0.47% for the quarter ended Sept. 30, 2011.
Net Interest Income (NII) was at Rs 28.62 billion for the quarter ended Sept. 30, 2012.
Capital Adequacy Ratio (CAR) of the bank, was at 12.91% as on Sept. 30, 2012 as compared to 12.73% as on Sept. 30, 2011.
Shares of the bank declined Rs 5.9, or 0.74%, to trade at Rs 791.05. The total volume of shares traded was 106,087 at the BSE (11.54 a.m., Monday).
Комментарии