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    Bank of Baroda Q2 PAT seen up 7.3% to Rs 1093.2 cr

    State-owned Bank of Baroda is expected to report profit after tax of Rs 1,093.2 crore in the second quarter of FY12, a growth of 7.3% as compared to Rs 1,019.3 crore in the corresponding quarter of last fiscal.

    October 29, 2011 / 14:06 IST

    State-owned Bank of Baroda is expected to report profit after tax of Rs 1,093.2 crore in the second quarter of FY12, a growth of 7.3% as compared to Rs 1,019.3 crore in the corresponding quarter of last fiscal, according to CNBC-TV18 estimates.

    Net interest income is likely to go up by 16% to Rs 2,361.8 crore from Rs 2,038.1 crore during the same period.

    Expectations

    *Margins expected to remain stable
    o         Increased lending rates by 125 bps over past 6 months
    o         Margins saw a decline last quarter

    first published: Oct 29, 2011 02:05 pm

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