Bank of India net profit rises to Rs 803 crores

Bank of India has reported an increase in net profit of Rs 803 crores for the quarter ending December 31, 2012, as against Rs 301 crores in the previous quarter.

The bank has earned interest of Rs 8022 crores for Q3 FY 2013. The Gross Non performing assets have dropped to 3.08 per cent as at 31st December 2012, as against 3.42 per cent for the previous quarter.

The EPS for Q3 FY 13 now stands at Rs 14. The shares of the bank were up 2 per cent at Rs 371.

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