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Bob Shares Closes Over 10% Lower on Muted Earnings
The New Indian Express Kannur
|May 07, 2025
The share price of Bank of Baroda on Tuesday closed 10.3% lower after tanking 15% intra-day as the second-largest public sector lender reported a muted set of numbers.
Net profit inched up only 3.3% to ₹5,048 crore year-on-year in the March quarter on the back of lower tax outgoes and a valuation gain in its forex trading book. Despite above average loan sales, the lender's core income fell 6.6% to ₹11,020.
Esta historia es de la edición May 07, 2025 de The New Indian Express Kannur.
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MÁS HISTORIAS DE The New Indian Express Kannur
The New Indian Express Kannur
AI flight with 230 passengers returns to Delhi after technical glitch mid-air
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The New Indian Express Kannur
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The New Indian Express Kannur
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2 mins
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1 min
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HC reserves order in Twisha mother-in-law's bail case
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1 mins
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The New Indian Express Kannur
Govt okays ED overhaul, expands workforce as caseloads go up sharply
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1 min
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The New Indian Express Kannur
Multi-crore paddy shortage scam rocks Rajnandgaon dist of C'garh
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1 min
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The New Indian Express Kannur
MORE QUESTIONS ON CBSE EVALUATION
THE controversy surrounding the Central Board of Secondary Education’s (CBSE) expanded on-screen marking (OSM) system has triggered an unusually intense backlash.
3 mins
May 28, 2026
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