Monday, November 29, 1999

BOB June qtr net up 25 pc at Rs 859 cr

News posted by www.newsinfoline.com

Mumbai, July 29 (PTI) Public sector Bank of Baroda today reported a 25 per cent growth in net profit at Rs 859.16 crore for the first quarter ended June 30. Total income of the bank increased to Rs 5,344.2 crore during the April-June quarter, from Rs 4,735.15 crore in the corresponding period a year ago, BOB said in a filing to the Bombay Stock Exchange. The bank''s interest income rose 17 per cent to Rs 4,727 crore, while the interest expenditure was up 1.5 per cent at Rs 2,869 crore during the said quarter. Shares of BoB were trading at Rs 728.30, up 1.70 per cent in the afternoon trade on the BSE..

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