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Bank of India Q2FY25; 62% rise in Profits

Bank of India is an India-based bank. The Bank’s segments include Treasury Operations, Wholesale Banking and Retail Banking. The Treasury operations segment includes the entire investment portfolio, which is dealing in government and other securities, money market operations and foreign exchange operations.(Source : Company Web-site )

Financial Results:

Bank of India reported Revenues for Q2FY25 of ₹17,466.00 Crores up from ₹15,062.00 Crore year on year, a rise of 15.96%.

Total Expenses for Q2FY25 of ₹16,859.00 Crores up from ₹13,802.00 Crores year on year, a rise of 22.15%.

Consolidated Net Profit of ₹2,422.00 Crores up 61.57% from ₹1,499.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.32, up 45.75% from ₹3.65 in the same quarter of the previous year.

Tags: Bank
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