Bank of India beats expectations; markets cheer results
Total Income has increased from Rs. 71300.70 million for the quarter ended March 31, 2011 to Rs. 87777.30 million for the quarter ended March 31, 2012.
The audited results for the year ended March 31, 2012, show a net profit of Rs. 26775.20 million for the year ended March 31, 2012 as compared to Rs. 24887.10 million for the year ended March 31, 2011. Total Income has increased from Rs. 243935.00 million for the year ended March 31, 2011 to Rs. 318018.40 million for the year ended March 31, 2012
The company's board has declared a dividend of Rs 7 per share. Shares of the company were up more than 4% on the BSE.
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