Central Bank Of India

BSE: 532885 | NSE: CENTRALBK
Small Cap | Bank - Public
29.22
0.29 (1.00%)
< Home < Back

Central Bank of India reports net loss of Rs 576.76 crore in Q1

Date: 31-07-2017

Central Bank of India has reported results for first quarter ended June 30, 2017.

The Bank has reported a net loss of Rs 576.76 crore for the quarter under review as compared to a net loss of Rs 599.81 crore for the same quarter in the previous year. However, total income of the Bank increased by 3.12% at Rs 6870.78 crore for Q1FY18 as compared Rs 6662.68 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the April-June quarter of the current fiscal increased to 18.23%, as compared to 13.52% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 11.04% in Q1FY18.