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Bank of India Q3 profit up 12% at Rs 803 crore

Bank of India Q3 profit up 12% at Rs 803 crore

Mumbai: State-owned Bank of India (BoI) on Monday reported a 12.20 percent increase in net profit at Rs 803.48 crore for third quarter ended December 31, 2012.

The bank had posted a net profit of Rs 716.15 crore for the same quarter of last fiscal.

Total income of the bank increased to Rs 8,959.83 crore during the October-December quarter from Rs 8,002.27 crore in the year-ago period, BoI said in a BSE filing.

For the first nine months of FY2012-13 ended December, 2012, the bank has clocked 15.54 per cent rise in net profit, to Rs 1,992.76 crore, from Rs 1,724.79 crore in the same period of the previous fiscal.

The bank reported a total income of Rs 26,409.41 crore in the first three quarters (April-December) against Rs 23,024.11 crore in the same period last financial year.

Shares of the bank were trading higher by 0.27 percent at Rs 365.40 in the afternoon trade on the BSE.

 

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