BoI reports 61 pc jump in Q2 profit aided by non-core income
Admin
Nov 19, 2024 09:53
18
Bank of India on Monday reported a 61 per cent jump in its consolidated net profit for the September quarter at Rs 2,421 crore, helped by non-core income growth.
The state-run lender's profit after tax on a standalone basis increased to Rs 2,373 crore from Rs 1,458 crore in the year-ago period.
Total income increased to Rs 19,872 crore in the July-September quarter of the current fiscal, from Rs 16,659 crore in the corresponding quarter of the previous fiscal.
