Corporation Bank has reported results for fourth quarter ended March 31, 2012.
The bank has posted a rise of 1.72% in its net profit at Rs 351.26 crore for the quarter ended March 31, 2012 as compared to Rs 345.33 crore for the same quarter in the previous year. Total income has increased by 32.35% at Rs 4009.17 crore for quarter under review as compared Rs 3029.21 crore for the quarter ended March 31, 2011
For the full year ended March 31, 2012, the bank has posted a rise of 6.56% in its net profit at Rs 1506.04 crore for the year ended March 31, 2012 as compared to Rs 1413.26 crore for the same period in the previous year. Total income has increased by 39.64% at Rs 14510.40 crore for year under review as compared to Rs 10391.12 crore for the period ended March 31, 2011.
On the consolidated basis, the bank has posted a rise of 6.92% in its net profit at Rs 1518.38 crore for the year ended March 31, 2012 as compared to Rs 1420.11 crore for the same period in the previous year. Total income has increased by 39.65% at Rs 14524.55 crore for year under review as compared to Rs 10400.58 crore for the period ended March 31, 2011.
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