Categories AlphaGraphs, Earnings

Bank of India Q3FY24; 111% 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 Q3FY24 of ₹15,319.00 Crores up from ₹12,796.00 Crore year on year, a rise of 19.72%.

Total Expenses for Q3FY24 of ₹13,982.00 Crores up from ₹12,435.00 Crores year on year, a rise of 12.44%.

Consolidated Net Profit of ₹1,931.00 Crores up 111.04% from ₹915.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.24, up 90.13% from ₹2.23 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.

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