Bank of Baroda has reported results for third quarter ended December 31, 2016.
The Bank has reported a net profit of Rs 252.67 crore for the quarter under review as compared to a net loss of Rs 3342.04 crore for the same quarter in the previous year. Total income of the Bank increased by 3.87% at Rs 12181.04 crore for Q3FY17 as compared Rs 11726.95 crore for the corresponding quarter previous year.
The Bank’s gross NPA for the October-December quarter of the current fiscal increased to 11.40%, as compared to 9.68% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 5.43% in Q3FY17.