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Central Bank of India Q4FY24; 41% 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 Q4FY24 of ₹8,337.00 Crores up from ₹7,144.00 Crore year on year, a rise of 16.7%.

Total Expenses for Q4FY24 of ₹8,342.00 Crores up from ₹7,664.00 Crores year on year, a rise of 8.85%.

Consolidated Net Profit of ₹807.00 Crores up 41.33% from ₹571.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.93, up 40.91% from ₹0.66 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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