Bank of India has reported results for second quarter ended September 30, 2022.
The bank has reported fall of 8.66% in its net profit at Rs 960.00 crore for Q2FY23 as compared to Rs 1,050.98 crore for the corresponding quarter previous year. However, total income of the bank increased by 10.77% to Rs 12,914.72 crore for the quarter under review as compared to Rs 11,658.59 crore for the same quarter in the previous year.
On the consolidated basis, the bank has reported fall of 20.40% in its net profit at Rs 854.10 crore for the quarter under review as compared to Rs 1,073.03 crore for the same quarter in the previous year. However, total income of the bank increased by 10.57% to Rs 13,001.32 crore for the quarter under review as compared to Rs 11,757.94 crore for the same quarter in the previous year.