Bank of Baroda's net profit jumps up to Rs 685 crore in Q1 | india | Hindustan Times
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Bank of Baroda's net profit jumps up to Rs 685 crore in Q1

Bank of Baroda on Monday said its net profit for the first quarter jumped up 84.8 per cent to Rs 685.38 crore from Rs 370.86 crore for the same period a year ago.

india Updated: Jul 27, 2009 18:48 IST

Bank of Baroda on Monday said its net profit for the first quarter jumped up 84.8 per cent to Rs 685.38 crore from Rs 370.86 crore for the same period a year ago.

Its total income for the reporting quarter was up 24.4 per cent year-on-year to Rs 4,735.15 crore from Rs 3,806.37 crore, the company said in a release.

The company's net interest income of the bank was Rs 1,204.70 up 14 per cent from Rs 1,204.70 crore, a year ago. The bank's gross non-performing assets declined to Rs 2,068.15 crore for the first quarter of this year from Rs 2,091.06 crore a year ago.