Corporation Bank Q3 net profit up 25.25% at Rs 382 cr

Corporation Bank has come out with its third quarter earnings of FY11. It has reported net profit of Rs 382 crore as against Rs 305 crore, a growth of 25.25% on year-on-year basis.

January 21, 2011 / 13:33 IST

Corporation Bank has come out with its third quarter earnings of FY11. It has reported net profit of Rs 382 crore as against Rs 305 crore, a growth of 25.25% on year-on-year basis.

Net interest income jumped to 40.57% to Rs 842 crore from Rs 599 crore. Provisions increased to Rs 250 crore in December quarter of FY10 as against Rs 113 crore in December quarter of FY09.

first published: Jan 21, 2011 01:31 pm

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