Bank of India’s FY12 consolidated net grows by 7%

08 May 2012 Evaluate

Bank of India has reported a rise of 7.18% in its consolidated net profit at Rs 2724.86 crore for the year ended March 31, 2012 as compared to Rs 2542.42 crore for the same period in the previous year. Total income on consolidated basis has jumped 30.33% at Rs 31930.19 crore for year under review as compared to Rs 24500.25 crore for the period ended March 31, 2011.

Earlier, on standalone basis, the bank has posted a rise of 7.59% in its net profit at Rs 2677.52 crore for the year ended March 31, 2012 as compared to Rs 2488.71 crore for the same period in the previous year. Total income has jumped 30.37% at Rs 31801.84 crore for year under review as compared to Rs 24393.50 crore for the period ended March 31, 2011.

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