Central Bank of India has reported results for the quarter and year ended March 31, 2013
The bank reported a net profit of Rs 169.15 crore for the fourth quarter as compared to net loss of Rs 105.23 crore for the quarter ended March 31, 2012. Total Income of the bank has increased by 19.21% to Rs 6,403.57 crore for the quarter ended March 31, 2013 from Rs 5,371.75 crore for the quarter ended March 31, 2012.
For the year ended March 31, 2013, the bank’s net profit rose 90.41% at Rs 1014.96 crore as compared to Rs 533.04 crore for the year ended March 31, 2012. Bank’s total Income has increased by 14.52% to Rs 23,527.98 crore for the year under review from Rs 20,544.80 crore for the previous fiscal.
