Corporation Bank reports 2.09% rise in Q1 net profit

Corporation Bank - (Amalgamated) | Bank - Public | BFSI | BSE: 532179 | NSE: CORPBANK

29 Jul 2013 Evaluate

Corporation Bank has reported results for first quarter ended June 30, 2013.

The bank has reported a rise of 2.09% in its net profit at Rs 377.98 crore for the quarter, as compared to Rs 370.26 crore for the same quarter in the previous year. Total income from operation of the bank has increased by 21.98% to Rs 4852.69 crore for the quarter under review as compared to Rs 3978.24 crore for the quarter ended June 30, 2012.

Gross non-performing assets (NPAs) increased to 2.37% in the April-June quarter as against 1.71% in the same quarter previous year while, net NPAs surged to 1.65%.

Peers

Company Name	CMP
State Bank Of India	959.10
PNB	113.40
Bank Of Baroda	228.60
Canara Bank	121.00
Union Bank Of India	172.75
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.