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Bank of Baroda Q1FY24; 130% rise in Profits.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.(Source : Company Web-site)

Financial Results:

Bank of Baroda reported Revenues for Q1FY24 of ₹28,003.00 Crores up from ₹20,048.00 Crore year on year, a rise of 39.68%.

Total Expenses for Q1FY24 of ₹27,100.00 Crores up from ₹18,706.00 Crores year on year, a rise of 44.87%.

Consolidated Net Profit of ₹4,468.00 Crores up 130.07% from ₹1,942.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.61, up 128.99% from ₹3.76 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Banking
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