Central Bank of India reports 35% jump in Q2 net profit

Central Bank Of India | Bank - Public | BFSI | BSE: 532885 | NSE: CENTRALBK

06 Nov 2012 Evaluate

Central Bank of India has reported results for second quarter ended September 30, 2012.

The bank has registered a rise of 35.07% in its net profit at Rs 329.92 crore as compared to Rs 244.25 crore in the corresponding month previous year. Total income of the bank has also increased by 8.54% to Rs 5680.83 crore for the quarter under review as compared to Rs 5234.05 crore in the same month last year.

Gross non-performing assets (NPAs) rose to 5.54% in the quarter under review as against 2.94% in the same quarter previous year while net NPAs too rose to 3.80% from 1.37%.

Peers

Company Name	CMP
State Bank Of India	984.50
PNB	116.80
Bank Of Baroda	232.40
Canara Bank	123.90
Union Bank Of India	177.45
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