Central Bank of India profit soars in Q1

Central Bank of India profit soars in Q1
PTI
Comment E-mail Print Share
First Published: Mon, Jul 27 2009. 03 48 PM IST
Updated: Mon, Jul 27 2009. 03 48 PM IST
Mumbai: The Central Bank of India on Monday reported over 4-fold growth in net profit at Rs266.80 crore for the first quarter ended 30 June 2009.
The bank’s total income rose by 24.24% to Rs3,196.06 crore during the first quarter, Central Bank of India said in a filing to the Bombay Stock Exchange.
During the April-June quarter, the bank’s interest income grew 16.22% to Rs2,802.48 crore, while interest expenditure rose by 15% to Rs2,225.30 crore over the same period last year.
Shares of the bank were trading at Rs103.60 in the afternoon trade on BSE, down 0.19% over previous close.
Comment E-mail Print Share
First Published: Mon, Jul 27 2009. 03 48 PM IST