Central Bank of India gains on reporting 68% rise in Q3 consolidated net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Central Bank Of India is currently trading at Rs. 32.55, up by 0.05 points or 0.15% from its previous closing of Rs. 32.50 on the BSE.
The scrip opened at Rs. 32.80 and has touched a high and low of Rs. 32.95 and Rs. 31.90 respectively. So far 1220273 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 41.80 on 14-Dec-2022 and a 52 week low of Rs. 16.10 on 16-Jun-2022.
Last one week high and low of the scrip stood at Rs. 33.35 and Rs. 30.00 respectively. The current market cap of the company is Rs. 28213.05 crore.
The promoters holding in the company stood at 93.08%, while Institutions and Non-Institutions held 3.08% and 3.84% respectively.
Central Bank of India has reported results for third quarter ended December 31, 2022 (Q3FY23)
The bank has reported rise of 64.28% in its net profit at Rs 458.22 crore for Q3FY23 as compared to Rs 278.92 crore for the corresponding quarter previous year. Total income of the bank increased by 17.04% to Rs 7635.71 crore for the quarter under review as compared to Rs 6523.78 crore for the same quarter in the previous year.
On the consolidated basis, the bank has reported rise of 67.61% in its net profit at Rs 473.47 crore for the quarter under review as compared to Rs 282.48 crore for the same quarter in the previous year. Total income of the bank increased by 17.01% to Rs 7665.59 crore for the quarter under review as compared to Rs 6551.10 crore for the same quarter in the previous year.
