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Bank of Baroda reports Q1 consolidated net profit of Rs 826 cr for June qtr

This is the lender's first earnings announcement after it merged Dena Bank and Vijaya Bank with itself

The Bank of Baroda headquarters is pictured in Mumbai
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Bank of Baroda headquarters in Mumbai

Press Trust of India New Delhi
Bank of Baroda on Thursday reported a consolidated net profit of Rs 826.13 crore for the June quarter of 2019-20 financial year.

This is the lender's first earnings announcement after it merged Dena Bank and Vijaya Bank with itself.

In the year-ago same period, Bank of Baroda's consolidated net profit was at Rs 645.71 crore.

Total income during the quarter under review stood at Rs 22,056.95 crore. It was Rs 13,729.50 crore in the year-ago period, the bank said in a regulatory filing.

On standalone basis, the bank's net profit was Rs 709.87 crore in the June quarter of 2019-20. In the same quarter

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