Corporation Bank Q4 FY11 Results : Net profit jumps 11%

by khalid on 30/04/2011 · 0 comments

Public sector lender Corporation Bank has posted a net profit for the period Q4 (ending Mar 11) of the current fiscal (FY10-11). During the said quarter, net profit rose 11% to Rs 345.33 crores in comparison to Rs 312.32 crores of Q4 (ending Mar 10) of previous year (FY09-10). Bank of India is a leading bank of the country. The Bank has 1155 branches in India spread over all states/ union territories. The Bank has 1079 automated teller machines (ATMs) and 1200 branchless banking units thereby having a total functional units of 3434.

The bank informed the share market (BSE/NSE) that the total income rose 29.52% to Rs 3045.78 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 2194.86 crores in last year’s quarter Q4.

Share’s Data :-
BSE Code : 532179
Mkt. Cap : Rs 8,640.15 Crores
Corporation Bank share’s CMP is Rs 583.40 on 29th Apr 2011.

Stay tuned to BelltheBull Blog for more news on Corporation Bank !

Related Posts Plugin for WordPress, Blogger...

Leave a Comment

Previous post:

Next post: