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Bank of India Q4 net up two-fold at Rs 953 cr

Total income during fiscal under review up to Rs 31,802 cr from Rs 24,394 cr in FY11

Press Trust of India  |  Mumbai 

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State-run lender (BoI) today reported a near two-fold rise in net profit to Rs 952.73 crore for the fourth quarter ended March 31, 2012.

The bank had posted net profit of Rs 493.64 crore in the year-ago period.

Total income rose to Rs 8,777.73 crore during the January-March period of FY12 from Rs 7,130 crore during the corresponding period of the previous fiscal, BoI said in a filing to the BSE.

The bank has recommended a dividend of 70% or Rs 7 per share for FY12.

For the full financial year ended March 31, 2012, BoI posted a net profit of Rs 2,677.52 crore, up by 7.58% as compared to Rs 2,488.7 crore in the previous fiscal.

The bank's total income during fiscal under review rose to Rs 31,801.84 crore from Rs 24,393.5 crore in FY11.

Bank of India Q4 net up two-fold at Rs 953 cr

Total income during fiscal under review up to Rs 31,802 cr from Rs 24,394 cr in FY11

The bank had posted net profit of Rs 493.64 crore in the year-ago period.

State-run lender (BoI) today reported a near two-fold rise in net profit to Rs 952.73 crore for the fourth quarter ended March 31, 2012.

The bank had posted net profit of Rs 493.64 crore in the year-ago period.

Total income rose to Rs 8,777.73 crore during the January-March period of FY12 from Rs 7,130 crore during the corresponding period of the previous fiscal, BoI said in a filing to the BSE.

The bank has recommended a dividend of 70% or Rs 7 per share for FY12.

For the full financial year ended March 31, 2012, BoI posted a net profit of Rs 2,677.52 crore, up by 7.58% as compared to Rs 2,488.7 crore in the previous fiscal.

The bank's total income during fiscal under review rose to Rs 31,801.84 crore from Rs 24,393.5 crore in FY11.

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