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    HomeNewsBusinessEarningsBank of Baroda Q4 PAT seen at Rs 1290cr

    Bank of Baroda Q4 PAT seen at Rs 1290cr

    Bank of Baroda is to announce its fourth quarter results. According to CNBC-TV18‘s estimates, the company‘s Q4 net interest income (NII) is up 4% Rs 2724 crore versus Rs 2614.

    May 03, 2012 / 18:11 IST

    Bank of Baroda is to announce its fourth quarter results. According to CNBC-TV18’s estimates, the company’s Q4 net interest income (NII) is up 4% Rs 2724 crore versus Rs 2614.

    Its PAT at Rs 1290 crore versus Rs 1294.

    FY12

    Its net interest income is up 6% at Rs 9303 crore versus Rs 8802 crore.

    The company’s PAT is seen flat at Rs 4237 crore versus Rs 4241 crore.
     
    • Margins expected to decline slightly - 10 bps QoQ
    o NIMs were 3.51% in Q3FY12
    • Advances growth to moderate – In Q3 it was 26% led by strong growth in global advances of 44%
    • Lower trading gains and forex income would result in lower non interest income
    • Modest growth in NII due to high base

    first published: May 3, 2012 05:47 pm

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