X

Bank of Baroda Q2FY24; 30% 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.

Financial Results:

Bank of Baroda reported Revenues for Q2FY24 of ₹29,263.00 Crores up from ₹22,424.00 Crore year on year, a rise of 30.5%.

Total Expenses for Q2FY24 of ₹29,744.00 Crores up from ₹21,903.00 Crores year on year, a rise of 35.8%.

Consolidated Net Profit of ₹4,426.00 Crores up 30.48% from ₹3,392.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.50, up 29.18% from ₹6.58 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
Related Post