Central Bank of India Q3 dips 13.25 pct to Rs 306.44 cr

Written by Agencies | Mumbai | Updated: Jan 28 2010, 21:34pm hrs
Public Sector lender Central Bank of India said its net profit declined by 13.25 per cent to Rs 306.44 crore for the third quarter ended December 31, over the corresponding period last fiscal.

Total income rose to Rs 3,495.42 crore for the latest quarter against Rs 3,033.41 crore for the same period previous fiscal, Central Bank of India said in a filing to the Bombay Stock Exchange (BSE).

The bank earned an interest of Rs 3,131.30 crore for the third quarter ended December 31, against Rs 2,722.22 crore for the same period a year ago.

For the nine month period ended December 31, 2009, the bank posted a net profit of Rs 887.17 crore against Rs 508.73 crore for the same period previous fiscal.

Shares of Central Bank of India were trading at Rs 153.50 on the BSE, up 3.93 per cent from previous close.