Centurion BoP Q1 net profit up 14.9% at Rs 33.01 cr

Centurion BoP declared its Q1FY08 result. The bank in first quarter has registered net profit of Rs 33.01 crore versus Rs 28.7 crore, up 14.9% YoY.

During the corresponding quarters, its NII was up 17.25% at Rs 144.47 crore versus Rs 123.2 crore.

Result (Rs cr)	Jun-07	Mar-07	Dec-06	Sep-06	Jun-06
Interest Earned	445.60	395.72	332.42	286.98	253.41
Operating Income	0.00	0.00	0.00	0.00	0.00
Interest on Advance	356.55	307.56	261.12	222.71	192.32
Income on Investment	80.60	72.85	63.38	57.25	50.09
Interest on Balances	7.66	14.39	7.74	6.91	10.13
Others Interests	0.79	0.92	0.18	0.11	0.87
Other Income	141.79	146.99	101.78	88.05	95.03
Total Income	587.39	542.71	434.20	375.03	348.44
Interest Expanded	-301.13	-230.87	-185.95	-151.93	-130.20
Operating Expenses	-195.44	-208.56	-177.79	-160.85	-158.63
Payment/Provisions for Employees	-60.46	-60.96	-55.72	-50.98	-53.66
Other Operating Expenses	-134.98	-147.60	-122.07	-109.87	-104.97
Total Expenditure for Banks	-496.57	-439.43	-363.74	-312.78	-288.83
Operating Profit	90.82	103.29	70.46	62.25	59.61
Profit before Tax	90.82	103.29	70.46	62.25	59.61
Tax	-19.53	-19.01	-20.80	-19.48	-2.90
Provisions and Contingencies	-38.28	-56.27	-16.15	-11.64	-27.98
Profit after Tax	33.01	28.01	33.51	31.13	28.73
Net Profit	33.01	28.01	33.51	31.13	28.73
Equity Capital	156.73	156.69	147.82	147.82	147.82