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Central Bank of India Q2FY24; 81% rise in Profits

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 Q2FY24 of ₹7,377.00 Crores up from ₹6,184.00 Crore year on year, a rise of 19.29%.

Total Expenses for Q2FY24 of ₹7,872.00 Crores up from ₹6,460.00 Crores year on year, a rise of 21.86%.

Consolidated Net Profit of ₹623.00 Crores up 81.1% from ₹344.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.72, up 84.62% from ₹0.39 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.

Tags: Banking
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