Corporation Bank has reported results for second quarter ended September 30, 2019.
The bank has reported 25.97% rise in its net profit at Rs 129.76 crore for the quarter under review as compared to Rs 103.01 crore for the same quarter in the previous year. Total income of the bank increased by 11.77% at Rs 4,712.98 crore for Q2FY20 as compared Rs 4,216.80 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a rise of 26.50% in its net profit at Rs 131.18 crore for the quarter under review as compared to Rs 103.70 crore for the same quarter in the previous year. Total income of the bank increased by 11.78% at Rs 4,714.98 crore for Q2FY20 as compared Rs 4,218.10 crore for the corresponding quarter previous year.