* Shares in India's Bank of Baroda fall as much as 8 percent after the bank's October-December earnings disappointed investors. * The bank said in a statement its December-quarter net profit fell to 10.12 billion rupees compared with 12.90 billion rupees a year earlier, while non-performing loans increased to 1.12 percent versus 0.51 percent a year earlier. * "The market was expecting better numbers," said Vaibhav Agrawal, a banking analyst at Angel Broking. * "Possibly, with the new management coming in, there has been higher NPA recognition than what would have earlier been expected." * In January, the central government appointed S. S. Mundra as chairman and managing director of the bank. * Bank of Baroda shares were down 7.1 percent at 0718 GMT. (firstname.lastname@example.org /; email@example.com)
BRIEF-Cybertech Systems & Software Sept-qtr profit rises
* Sept quarter net profit 40.9 million rupees versus 5.5 million rupees year ago
UPDATE 1-Tata Steel, Indian Hotels say financial statements accurate
MUMBAI, Oct 27 Two Tata group companies, Tata Steel Ltd and Indian Hotels Co on Thursday said their financial statements present a true and fair value of their respective companies, in response to stock exchange requests for clarification.