Bank of Baroda Q1 Net up over 10% at Rs 11.39 cr
The public sector bank's net profit during April-June, 2011 was Rs 10.33 crore.
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The public sector bank's net profit during April-June, 2011 was Rs 10.33 crore.
Total income of the bank during the reporting quarter rose to Rs 93.28 crore, from Rs 72.73 crore over the same period a year ago, the bank said in a BSE filing.
While operating expenses of the bank grew to Rs 13.15 crore from Rs 11.76 crore a year earlier, tax expenses came down to Rs 2.08 crore from Rs 3.94 crore a year ago.
The bank had assets worth Rs 4,542.54 crore as on June 30, 2012, up from Rs 3,698.31 in the corresponding period a year ago.
Shares of the bank were being quoted at Rs 670 a piece on the BSE during late afternoon trade, up 3.14 percent from the previous close.
PTI