Central Bank Q4 FY11 Results : Net profit declines 22.81%

by khalid on 06/05/2011 · 0 comments

Public sector lender Central Bank of India has posted a steep drop in net profit for the period Q4 (ending Mar 11) of the current fiscal (FY10-11). During the said quarter, net profit declines 22.81% to Rs 132.7 crores in comparison to Rs 171.4 crores of Q4 (ending Mar 10) of previous year (FY09-10). Mumbai based Central Bank of India (CBI) is a leading bank of the country. The Bank has 3563 branches in India spread over all states/ union territories.

The bank has informed the share market (BSE/NSE) that the total income rose 27.69% to Rs 4755.2 crore in Q4 (ending Mar 2011) of the current fiscal (FY10-11) when compared with the same quarter Q4 (ending Mar 2010) of previous year (FY09-10). Total income was Rs 3724.5 crores in last year’s quarter Q4.

Share’s Data :-
BSE Code : 532885
Mkt. Cap : Rs 8,399.33 Crores
Central Bank of India share’s CMP is Rs 129.90 on 5th May 2011.

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