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Bank of Baroda net rises 10% at Rs 1,136 cr

Total income up 28% at Rs 9,328 cr in Q1FY13 from Rs 7,272 cr in the year ago period

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 4:33 AM IST

Public sector lender, Bank of Baroda today reported a rise of 10.26% in net profit at Rs 1,138 crore for the quarter ended June 30, 2012 as compared to Rs 1,032 crore in the same period last year.

Total income has gone up 28.27% to Rs 9,328 crore for the quarter ended June 30, 2012 from Rs 7,272 crore in the year ago period.

Interest earned during the quarter ended June 30, 2012 was at Rs 8,557 crore as compared to Rs 6,631 crore for the quarter ended June 30, 2011, representing an increase of 29.04%.

Net NPA was at Rs 1,844 crore for the quarter ended June 30, 2012, as compared to Rs 1,024 crore for the quarter ended June 30, 2011, representing an increase of 80.05%.

Net NPA of the bank was at 0.65% as on June 30, 2012 as compared to 0.44% as on June 30, 2011.

Bank of Baroda's Capital Adequacy Ratio (CAR) is at 13.74% as on June 30, 2012 as compared to 13.10% a year ago.

Shares of the bank gained Rs 12, or 1.85%, to trade at Rs 661.60 on the BSE.

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First Published: Jul 30 2012 | 1:17 PM IST

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