Bank of Baroda profit up 2% on Go First exposure, pension provisions
Business Standard|May 11, 2024
State-run Bank of Baroda on Friday reported a 2.3 per cent growth in its standalone net profit of ₹4,886 crore for the March quarter, restricted by a hit due to its exposure to the grounded airliner Go First and also setting aside money towards pension liabilities.

On a consolidated basis, the lender's net profit declined to ₹5,132 crore from ₹5,255 crore in the yearago period. For 2023-24, the same rose to ₹18,767 crore from the ₹14,905 crore in the year-ago period.

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