Central Bank of India has reported results for fourth quarter and year ended March 31, 2015
The company has posted a rise of 7.30% in its net profit at Rs 174.29 crore for the quarter ended March 31, 2015 as compared to Rs 162.44 crore for the same quarter in the previous year. Total income of the bank has increased by 5.17% at Rs 7321.5 crore for quarter under review as compared to Rs 6961.67 crore for the quarter ended March 31, 2014.
For the year ended March 31, 2015, the bank has reported a net profit of Rs 606.45 crore as compared to net loss of Rs 1262.84 crore for the previous year ended March 31, 2014. Its total income has increased by 7.41% to Rs 28303.01 crore for the year from Rs 26350.13 crore for the year ended March 31, 2014.
