Bank of Baroda (BoB) today reported 11.5% increase in net profit at Rs 1,301.39 crore for this fiscal's second quarter ended September.
The bank had a net profit of Rs 1,166.08 crore during the same quarter of the previous fiscal.
Total income of the state-owned bank improved to Rs 9,550.86 crore in the July-September quarter, from Rs 7,985.78 crore in the same period a year-ago, BoB said in a BSE filing.
However, gross NPAs rose to 1.98% of loan assets as on September 30, 2012 as compared to 1.41% at the end of second quarter of the previous fiscal.
During the first half of 2012-13, the bank clocked 9% rise in net profit to Rs 2,440.25 crore compared to Rs 2,198.93 crore in the same period a year ago.
The bank reported a total income of Rs 18,879.27 crore in the first six months, compared to Rs 15,258.42 crore in the previous financial year.
