Bank of India quarterly net profit rises 10 pc

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SME Times News Bureau | 28 Jan, 2012

State-owned Bank of India Friday reported an increase of 10 percent in its net profit at Rs.716 crore for the quarter ended Dec 31 against Rs.653 crore during the like period of the previous financial year.

Total income stood at Rs.8,002 crore during the quarter under review, up 30.8 percent, against Rs.6,115.76 crore during the year-ago period, the company said in a regulatory filing.

At the Bombay Stock Exchange the shares of the company closed 3.17 percent up at Rs.352.85.