Public sector lender Central Bank of India today reported a 31.68 per cent increase in its net profit to Rs 403.52 crore for the quarter ended December 31, 2010.
The bank had a net profit of Rs 306.44 crore in the corresponding period of the previous financial year.
Central Bank of India's total income also registered a growth of 19.65 per cent to Rs 4,182.59 crore in the third quarter if this fiscal, as compared to 3,495.42 crore in the same quarter a year ago, it said in a filing on the Bombay Stock Exchange (BSE).
The interest earned by the bank also expanded 25.6 per cent in the third quarter to Rs 3,933.06 crore, as against Rs 3,131.30 crore in the year-ago period.
The bank's shares were trading at Rs 172.30, up 3.02 per cent from their previous close on the BSE.
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