Central Bank of India Q1 net up 4-fold at Rs 267 cr

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Posted: Monday, Jul 27, 2009 at 1438 hrs IST
Updated: Monday, Jul 27, 2009 at 1438 hrs IST

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Mumbai: State-run Central Bank of India reported over 4-fold growth in net profit at Rs 266.80 crore for the first quarter ended June 30, 2009.

Total income rose by 24.24 per cent to Rs 3,196.06 crore during the first quarter, Central Bank of India said in a filing to the Bombay Stock Exchange.

During the April-June quarter, the bank's interest income grew 16.22 per cent to Rs 2,802.48 crore, while interest expenditure rose by 15 per cent to Rs 2,225.30 crore over the same period last year.

Shares of the bank were trading at Rs 103.60 in the afternoon trade on BSE, down 0.19 per cent over previous close.

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Central Bank of India Q1 net up 4-fold at Rs 267 cr

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