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Central Bank of India reports 55% rise in Q3 consolidated net profit

19 Jan 2024 Evaluate

Central Bank of India has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The bank has reported 56.66% rise in net profit at Rs 717.86 crore for the quarter ended December 31, 2023 as compared to Rs 458.22 crore for the same quarter in the previous year. Total income of the bank increased by 19.69% at Rs 9,138.93 crore for Q3FY24 as compared Rs 7,635.71 crore for corresponding quarter of the previous year.

On consolidated basis, the bank reported 55.12% rise in its net profit at Rs 734.47 crore for Q3FY24 as compared to Rs 473.47 crore for the same quarter in the previous year. Total income of the bank increased by 19.64% at Rs 9,171.16 crore for Q3FY24 as compared Rs 7,665.59 crore for corresponding quarter of the previous year.

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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