Central Bank of India Q1FY24; 80% rise in Profits.

Company Description:

Central Bank of India is a commercial bank. The Bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business. The Treasury Operations segment includes dealing in government and other securities, money market operations and Forex operations.

Financial Results:

Central Bank of India reported Revenues for Q1FY24 of ₹7,259.00 Crores up from ₹5,555.00 Crore year on year, a rise of 30.68%.

Total Expenses for Q1FY24 of ₹7,180.00 Crores up from ₹6,068.00 Crores year on year, a rise of 18.33%.

Consolidated Net Profit of ₹498.00 Crores up 80.43% from ₹276.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.57, up 83.87% from ₹0.31 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.