Central Bank of India Q4 profit surges 84% to Rs 571 c

Mumbai, 29/4: Central Bank of India on Saturday reported 84.19 per cent jump in net profit at Rs 571 crore for the quarter ended March 2023 as bad loans fell.

The bank’s net profit was Rs 310 crore in January-March 2021-22.

 

“Operating profit has shown a growth of 16.27 per cent on year-on-year basis to Rs 2,108 crore for Q4FY23 as against Rs 1,813 crore for Q4FY22,” the bank said in a statement.