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Central Bank of India reports 70% rise in Q3 consolidated net profit

28 Jan 2022 Evaluate

Central Bank of India has reported results for third quarter ended December 31, 2021.

The Bank has reported a rise of 68.62% in its net profit at Rs 278.92 crore for the quarter under review as compared to Rs 165.41 crore for the same quarter in the previous year. Total income of the bank increased by 1.67% at Rs 6666.45 crore for Q3FY22 as compared Rs 6556.98 crore for the corresponding quarter previous year.

On the consolidated basis, the Bank has reported a rise of 70.18% in its net profit at Rs 282.48 crore for the quarter under review as compared to Rs 165.99 crore for the same quarter in the previous year. Total income of the bank increased by 1.66% at Rs 6693.77 crore for Q3FY22 as compared Rs 6584.31 crore for the corresponding quarter previous year.

Peers
Company Name CMP
State Bank Of India 947.80
PNB 116.45
Bank Of Baroda 237.35
Canara Bank 119.60
Union Bank Of India 172.80
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