Bank of Baroda net dips 32.21 percent in fourth quarter

Bank-of-BarodaNew Delhi, May 13 : Bank of Baroda's net profit for the quarter ending March 31 dipped to 32.21 percent, the public sector bank told the Bombay Stock Exchange.

It has posted a net profit of Rs. 1,028.85 crore for the quarter ended March 31, 2013, as compared to Rs. 1,518.18 crore for the quarter ended March 31, 2012.

Total income has increased from Rs. 9,016.31 crore for the quarter ended March 31, 2012, to Rs. 10,262.50 crore for the quarter ended March 31, 2013.

The bank has posted a net profit of Rs. 4,480.72 crore for the year ended March 31, 2013, as compared to Rs. 5,006.96 crore for the year ended March 31, 2012.

The total income has increased from Rs. 33,096.05 crore for the year ended March 31, 2012, to Rs. 38,827.28 crore for the year ended March 31, 2013.(IANS)




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