Bank of Baroda net profit dips 52.11 cr in Q1


New Delhi, Aug 11 (UNI) Bank of Baroda today reported a decline of 52.11 per cent in its net profit to Rs 203 crore in April-June quarter of 2017-18 against Rs 424 crore in the corresponding quarter previous fiscal.

However, the total revenue for the quarter under-review rose by 1.90 per cent to Rs 12,104 crore as compared to Rs 11878 crore in the same quarter last year.

The net interest income saw a minute jump of 0.98 per cent to Rs 3405 crore against Rs 3372 crore, the lender said in a statement.

Gross NPA (GNPA) of the bank stood at Rs 46,173 crore as on June 30, 2017 as compared to Rs 42,719 crore as on March 31, 2017.

Gross NPA ratio and Net NPA ratios stood at 11.40 per cent and 5.17 per cent, respectively as on June 30, 2017.