Results of various Banks - Q1 - list 2

Bank of Baroda net profit up 10% in Q1

Bank of Baroda posted a measly 10 per cent growth in first-quarter net profit as the bank set aside more money to cover bad loans. For the April to June period, the bank net profit rose to about Rs 1,139 crore from Rs 1,033 crore, a year ago.

IOB Q1 net up 13.5% at Rs 233.43 cr

Indian Overseas Bank (IOB) today reported a 13.5 per cent increase in net profit at Rs 233.43 crore for the first quarter ended June 30, 2012. The public sector bank’s net profit was Rs 205.58 crore during the same period last fiscal.

Allahabad Bank net up 23% on core operations

Backed by growth in core operations and improved recovery, Allahabad Bank posted a 23 per cent rise in net profit during the first quarter of this fiscal. Net interest income grew 11 per cent to Rs 1,306 crore.

Corporation Bank posts 5% growth in first quarter net profit

Corporation Bank’s net profit nudged up marginally by five per cent in the first quarter as it set aside higher amount to cover bad loans. For the April to June quarter, the public sector bank’s net profit rose to about Rs 370 crore from Rs 351 crore in the corresponding period a year-ago.