BOI Q2 net profit jumps 79% YoY

Bank of India has posted a net profit of Rs 762.86 crore for the quarter ended Sep 30, 2008 compared with Rs 425.27 crore for the quarter ended Sep 2007.

MUMBAI - Bank of India has posted a net profit of Rs 762.86 crore for the quarter ended Sep 30, 2008 compared with Rs 425.27 crore for the quarter ended Sep 2007. Total income has increased to Rs 4,612.27 crore in Jul-Sep quarter of 2008 from Rs 350.37 crore in the same quarter of previous year.

Rs in Crore
Period
30-Sep-08
30-Sep-07
30-Jun-08
% YoY
% QoQ
Int Earned
3,962.77
2,975.24
3,548.32
33.19
11.68
Other Income
649.50
528.43
566.42
22.91
14.67
Total Income
4,612.27
3,503.67
4,114.74
31.64
12.09
Int Expended
-2,599.64
-1,989.46
-2,367.55
30.67
9.80
Opt Expenses
-797.89
-674.39
-674.76
18.31
18.25
PBT
1,214.74
839.82
1,072.43
44.64
13.27
Tax
-165.13
-115.25
-161.47
43.28
2.27
Provision
-286.75
-299.30
-349.01
-4.19
-17.84
Net Profit
762.86
425.27
561.95
79.38
35.75

Bank of India's shares were down 1.58 per cent to Rs 284.25 on BSE.


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