Home >Companies >Bank of India Q1 net up 78% at Rs562 crore

Bank of India Q1 net up 78% at Rs562 crore

Bank of India Q1 net up 78% at Rs562 crore

PTI

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.

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