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Central Bank of India turns black in Q1

07 Aug 2019 Evaluate

Central Bank of India has reported results for first quarter ended June 30, 2019.

The Bank has reported a net profit of Rs 118.33 crore for the quarter under review against net loss of Rs 1,522.24 crore for the same quarter in the previous year. Total income of the Bank increased by 9.97% at Rs 6,493.55 crore for Q1FY20 as compared Rs 5904.82 crore for the corresponding quarter previous year.

On the consolidated basis, the Bank has reported a net profit of Rs 121.61 crore for the quarter under review against net loss of Rs 1,515.69 crore for the same quarter in the previous year. Total income of the Bank increased by 9.85% at Rs 6,518.37 crore for Q1FY20 as compared Rs 5933.70 crore for the corresponding quarter previous year.

Peers
Company Name CMP
State Bank Of India 940.65
PNB 115.50
Bank Of Baroda 234.10
Canara Bank 117.20
Union Bank Of India 172.95
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