Tag Archive for Q2

Bank of India Q2 FY14 Net rises 106%; Net Interest Income grows 15%

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By Vivek K Email: indianshowbusiness@gmail.com Mob: 09920183006

Bank of India announced a Net Profit of Rs. 622 crore, a growth of 105.96%, for the quarter ended September 30, 2013, as compared to Rs. 302 crore in Q2 FY13. The Operating Profit improves from Rs. 1,854 Crore in September-12 to Rs.2,103 Crore in September-13 (Growth: 13.43%). Net Interest Income improves from Rs. 2,196 Crore in September-12 to Rs.2,527 Crore in September-13 (Growth: 15.07%). Non-Interest Income improves from Rs. 894 Crore in September-12 to Rs.1,100 Crore in September-13 (Growth: 23.04%). Gross NPA Ratio stood at 2.93%; Net NPA Ratio was 1.85%; Provision Coverage Ratio was 63.29% for Q2.

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Steelcast Ltd PAT up 108% at Rs 6 cr in Q2 of FY2013

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By Vivek K Mob: 00919820310487 E-mail: indianshowbusiness@gmail.com

India’s leading steel castings manufacturer, Gujarat-based Steelcast Limited has reported a 107.85% jump in net profit to Rs 6.09 crore for the second quarter (Q2) ended September 30, 2012 as against Rs. 2.93 crore in the previous Q2 of 2011-12. Net sales for current Q2 at Rs. 74.35 crore were higher by 40.23% over previous fiscal’s Q2 turnover of Rs. 53.02 crore.

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