business: Bank of Baroda Q3 net up 18%

Bank Of Baroda today reported a 17.5 per cent jump in its net profit at Rs 832.49 crore for the third quarter ended December 31, 2009.
The company had a net profit of Rs 708.37 crore in the December quarter of FY09, Bank Of Baroda said in a filing to the Bombay Stock Exchange (BSE).
Total income, however, decreased 2.3 per cent to Rs 4,836.62 crore in the third quarter from Rs 4,954.49 crore in the corresponding period a year-ago.

The stock is now trading with 1% loss at Rs 528 on the BSE.