Bank of India Q1 net up 78% at Rs562 crore1 min read . Updated: 28 Jul 2008, 03:25 PM IST
Bank of India Q1 net up 78% at Rs562 crore
Mumbai: Public sector lender, Bank of India announced a net profit of Rs561.95 crore for the first quarter ended 30 June, a 78.28% growth over the corresponding period a year ago.
The firm had a net profit of Rs315.20 crore in the first quarter of 2007-08, Bank of India said in a filing to the Bombay Stock Exchange.
Total income rose to Rs4,114.74 crore in the June quarter, from Rs3,108.41 crore in the same period a year ago.
Shares of the bank were trading at Rs293.65, up 3.11% in the afternoon on the BSE.