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AlphaStreet Analysis

Central Bank of India Q2FY25; 49% 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 Q2FY25 of ₹8,235.00 Crores up from ₹7,377.00 Crore year on year, a rise of 11.63%.

Total Expenses for Q2FY25 of ₹8,307.00 Crores up from ₹7,872.00 Crores year on year, a rise of 5.53%.

Consolidated Net Profit of ₹926.00 Crores up 48.64% from ₹623.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.06, up 47.22% from ₹0.72 in the same quarter of the previous year.

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