Public sector lender Bank of Baroda (BoB) today recorded 14.33% increase in net profit to Rs 1,166.08 crore for the second quarter ended September 30, 2011.
The bank had a net profit of Rs 1,019.8 crore in the corresponding quarter last fiscal.
The total income of the lender also increased to Rs 7,985.78 crore during the July-September quarter, from Rs 5,839.96 crore over the same period last year, BoB said in a filing to the BSE.
During the first half of 2011-12, the bank clocked 17.1% rise in net profit to Rs 2,198.93 crore, compared to Rs 1,878.46 crore in the same period a year ago, it said.
The bank's total income improved to Rs 15,258.42 crore in the first six months, compared to Rs 11,184.16 crore in the previous financial year, it added.
Shares of BoB rose by 4.21% to Rs 770 in the late afternoon trade on the BSE.
