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Central Bank of India reports marginal rise in Q3 consolidated net profit

09 Feb 2021 Evaluate

Central Bank of India has reported results for third quarter ended December 31, 2020.

The bank has reported a rise of 6.50% in its net profit at Rs 165.41 crore for the quarter under review as compared to net profit at Rs 155.32 crore for the same quarter in the previous year. However, total income of the bank decreased by 9.91% at Rs 6556.98 crore for Q3FY21 as compared Rs 7278.29 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported a rise of 1.04% in its net profit at Rs 165.99 crore for the quarter under review as compared to net profit at Rs 164.28 crore for the same quarter in the previous year. However, total income of the bank decreased by 9.90% at Rs 6584.31 crore for Q3FY21 as compared Rs 7307.98 crore for the corresponding quarter previous year.

Peers
Company Name CMP
State Bank Of India 939.90
PNB 116.15
Bank Of Baroda 235.50
Canara Bank 118.10
Union Bank Of India 172.60
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