BoR clocks net profit of Rs 30.92 cr

The earning per share has gone up to Rs 2.30 during the reporting quarter from Rs 2.24 in the year-ago period, a press release issued here stated.        

Interest income recorded an impressive growth of 28.48 per cent to Rs 319.61-crore in Q1 FY09 as compared to Rs 248.76-crore in the corresponding quarter of the previous fiscal.        

The net non-performing assets (NPAs) have come down significantly to 0.42 per cent from 0.67 per cent. The net NPAs stand at Rs 31.67-crore in the quarter as against Rs 34.94-crore in the previous corresponding quarter, the release said.        

For FY08, BoR has clocked a net profit of Rs 115.20-crore as against Rs 110.57-crore in the year-ago period.        

The bank has declared a 1:5 bonus (1 equity share for every five equity shares).