Latest News | Bank of India Shares Gain 3 Pc After Q2 Earnings

New Delhi, Nov 6 (PTI) Shares of Bank of India on Friday gained 3 per cent after the firm reported an over two-fold jump in September quarter consolidated net profit.

The stock closed with a gain of 3.01 per cent at Rs 41.10 on BSE. During the day, it jumped 4.88 per cent to Rs 41.85.

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At NSE, it rose by 2.89 per cent to settle at Rs 41.

In volume terms, 6.97 lakh shares were traded on BSE and over 71 lakh on NSE.

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Bank of India on Friday reported an over two-fold jump in September quarter consolidated net profit at Rs 543.47 crore as bad assets came down.  

The bank posted a net profit of Rs 257.31 crore for the same quarter a year ago.

Total income rose to Rs 12,477.79 crore in July-September 2020-21 from Rs 12,062.55 crore in the year-ago period, the state-owned lender said in a regulatory filing.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)