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Corporation Bank Q4 cons net profit up by 7%-news06052012


Corporation Bank has announced the following results for the quarter & year ended March 31, 2012:

Standalone Results

The Audited results for the Quarter ended March 31, 2012

    The net profit of the bank surged by 1.72% to Rs351.26 crore for the quarter ended March 31, 2012 as compared to Rs345.33 crore for the quarter ended March 31, 2011.
    The total income of the bank increased by 32.35% to Rs4009.18 crore for the quarter ended March 31, 2012 from Rs3029.22 crore for the quarter ended March 31, 2011.

The Audited results for the Year ended March 31, 2012

    The net profit of the bank advanced by 6.56% to Rs1506.04 crore for the year ended March 31, 2012 as compared to Rs1413.27 crore for the year ended March 31, 2011.
    The total income of the bank increased by 39.64% to Rs14510.40 crore for the year ended March 31, 2012 from Rs10391.13 crore for the year ended March 31, 2011.

Consolidated Results

The Audited consolidated results for the Year ended March 31, 2012

    The net profit of the group up by 6.92% to Rs1518.39 crore for the year ended March 31, 2012 as compared to Rs1420.12 crore for the year ended March 31, 2011.
    The total income of the bank increased by 39.65% to Rs14524.56 crore for the year ended March 31, 2012 from Rs10400.58 crore for the year ended March 31, 2011.
....more info



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