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Central Bank of India reports 21% rise in Q1 consolidated net profit

12 Aug 2020 Evaluate

Central Bank of India has reported results for the first quarter ended June 30, 2020.

The bank has reported a rise of 14.45% in its net profit at Rs 135.43 crore for the quarter under review as compared to Rs 118.33 crore for the same quarter in the previous year. Total income of the bank increased by 3.59% at Rs 6,726.68 crore for Q1FY21 as compared Rs 6,493.55 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported a rise of 21.05% in its net profit at Rs 147.21 crore for the quarter under review as compared to Rs 121.61 crore for the same quarter in the previous year. Total income of the bank increased by 3.58% at Rs 6,751.86 crore for Q1FY21 as compared Rs 6,518.37 crore for the corresponding quarter previous year.

Peers
Company Name CMP
State Bank Of India 940.20
PNB 116.00
Bank Of Baroda 235.20
Canara Bank 117.80
Union Bank Of India 172.25
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