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Central Bank of India reports 56% rise in Q2 consolidated net profit

27 Oct 2021 Evaluate

Central Bank of India has reported results for second quarter ended September 30, 2021.

The bank has reported 55.49% rise in its net profit at Rs 250.02 crore for the quarter under review as compared to net profit of Rs 160.79 crore for the same quarter in the previous year. However, total income of the bank decreased by 3.83% at Rs 6503.39 crore for Q2FY22 as compared Rs 6762.36 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 56.32% rise in its net profit of Rs 200.78 crore for the quarter under review as against net profit of Rs 128.44 crore for the same quarter in the previous year. However, total income of the bank decreased by 3.85% at Rs 6527.95 crore for Q2FY22 as compared Rs 6789.09 crore for the corresponding quarter previous year.

Peers
Company Name CMP
State Bank Of India 942.20
PNB 116.35
Bank Of Baroda 236.50
Canara Bank 118.90
Union Bank Of India 172.75
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