Nifty options tips - BoB Q1 net down 23% at Rs 1,052 cr on bad loans, wage revision as on 30 July, 2015

Nifty options Tips - New Delhi: State-run Bank of Baroda this Thursday reported 22.74 % decline in net profit at Rs 1,052.15 crore during the first quarterclosed  June 30, on higher supply for bad loans and wage revision.

The bank had reported a net profit of Rs 1,361.88 crore in the agreement first quarter of the previous fiscal.

Total income of the bank, however, showed a rise of 4.8 % at Rs 12,243.72 crore during the quarter as opposed Rs 11,682.50 crore a year ago, it said in BSE filing.