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    HomeNewsBusinessEarningsCentral Bank Q3 profit up 59%; shares down on provisions

    Central Bank Q3 profit up 59%; shares down on provisions

    Statec-controlled lender Central Bank of India's net profit rose by 59.3 percent year-on-year to Rs 180 crore in the third quarter of financial year 2012-13.

    January 30, 2013 / 15:12 IST
       
       
      26 Aug, 2025 12:21
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      Statec-controlled lender Central Bank of India's net profit rose by 59.3 percent year-on-year to Rs 180 crore in the third quarter of financial year 2012-13.


      Net interest income increased 19.6 percent to Rs 1,409.7 crore from Rs 1,179 crore during the same period.


      Gross non-performing asset (NPA) went up by 10 basis points QoQ to 5.64 percent while net NPA remained flat at 3.79 percent in October-December quarter.


      Provisions against bad loans jumped quite sharply to Rs 627.7 crore in the third quarter of FY13 as against Rs 427 crore in second quarter.


      Capital adequacy ratio stood at 10.78 percent as against 11.6 percent QoQ.


      At 15:04 hours IST, shares dropped 2 percent to Rs 83.35 amid large volumes on Bombay Stock Exchange.


      Trading volumes increased 110 percent to 4,23,013 equity shares as against five day average of 2,01,096 shares.

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      first published: Jan 30, 2013 03:12 pm

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