Corporation Bank Q4 FY10 Results : Net rises 19.9%

by khalid on 24/04/2010 · 0 comments

Corporation Bank is one of the Indian Public Sector Bank. Corporation Bank stands tall among the Public Sector Banks in the country and is hailed as one among the well-managed Public Sector Banks with excellent track record in all the key parameters of banking. The Bank has the second largest ATM network in the public sector. The bank has achieved a significant rise in standalone profit and posted a net profit of Rs 312.32 crores in the Q4 FY10 of the current fiscal (FY10), ended in Mar 2010. The company had recorded a net profit of Rs 260.49 crores in the corresponding quarter Q4 FY09 of the last fiscal (FY09), ended in Mar 2009. This is an increase of 19.9%.

The bank informed the market(BSE) that the net sales decreased marginally by 0.21% to Rs 2194.86 crores in Q4 FY10 when compared with the same quarter Q4 FY09 of previous year. Net sales was Rs 2199.64 crores in last year’s same quarter.

Share’s Data :-
BSE Code : 532179
ISIN Demat : INE112A01015
Market Cap : Rs 7152 Crores
P/E Ratio: 8.05
EPS (Rs): 62.24 in Mar 2009
Face Value : Rs10
Last bonus : 1:1 in Jul 2009
Last Dividend : 80% in Apr 2009
52 Week H/L : Rs 515.00 / 205.50
Corporation Bank share’s CMP is Rs 498.75 on 23rd Apr 2010.

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