Bank of Baroda has posted 172.3 per cent rise in its net profit at Rs 752.69 crore for the fourth quarter ended March 2009 as against Rs 276.44 crore in the same period in 2007-08.
Its profit for financial year ended March 2008 rose by 55.14 per cent to Rs 2,227.2 crore from Rs 1,435.52 crore in 2007-08.
The board has recommended a dividend of 90 per cent per share (face value Rs 10) for the year 2008-09, the bank informed the Bombay Stock Exchange today.
Its total income for reporting quarter rose to Rs 4,992.41 crore from Rs 3,885.7 crore a year ago. The annual income rose from a Rs 13,864.51 crore in 2007-08 to Rs 1,7754.22 crore in FY-09.
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