Bank of Baroda has announced results for the quarter and year ended March 31, 2011.The company has reported a jump of 42.82% in its net profit of Rs 1294.35 crore for the quarter ended March 31, 2011 as compared to Rs 906.28 crore for the quarter ended March 31, 2010. Total income has surged by 39.99% to Rs 7168.65 crore for the quarter ended March 31, 2011 where as the same was at Rs 5120.73 crore for the quarter ended March 31, 2010.
For the year ended March 31, 2011, the company’s net profit increased by 38.69% to Rs 4241.68 crore as compared to Rs 3058.33 crore for the year ended March 31, 2010. Total income of the company has jumped by 27.14% to Rs 24695.10 crore for the year ended March 31, 2011 from Rs 19423.25 crore for the year ended March 31, 2010.
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