Bank of Baroda Q1FY24 proft rises 87.7% on growth in net interest income

Public sector lender Bank of Baroda’s net profit rose by 87.7 per cent on a year-on-year (YoY) basis at Rs 4,070 crore in quarter ended June 2023 (Q1FY24) on robust growth in net interest income as well as non-interest income. Sequentially, the public sector lender’s profit went down from Rs 4,775 crore in… Continue reading Bank of Baroda Q1FY24 proft rises 87.7% on growth in net interest income

Bank of Baroda to report Q1FY24 results on Aug 5; here’s what to expect

Bank of Baroda Q1FY24 results preview: State-owned Bank of Baroda (BoB) is set to report its June quarter (Q1) results for financial year 2023-24 (FY24) on Saturday, August 5. Brokerages, however, remain divided on the quantum of net profit growth, on a year-on-year basis, as provisions and tax outgo may dent earnings. … Continue reading Bank of Baroda to report Q1FY24 results on Aug 5; here’s what to expect