The result was announced during trading hours today, 8 May 2013.
Meanwhile, the BSE Sensex was up 47.88 points, or 0.24%, to 19,936.83.
On BSE, 3.33 lakh shares were traded in the counter as against an average daily volume of 8,674 shares in the past one quarter.
The stock hit a high of Rs 401.80 and a low of Rs 377 so far during the day. The stock had hit a 52-week high of Rs 494.85 on 7 January 2013. The stock had hit a 52-week low of Rs 362.05 on 30 August 2012.
The stock had underperformed the market over the past one month till 7 May 2013, sliding 3.27% compared with the Sensex's 7.80% rise. The scrip had also underperformed the market in past one quarter, falling 9% as against Sensex's 1.58% rise.
The mid-cap public sector bank has an equity capital of Rs 152.91 crore. Face value per share is Rs 10.
Net profit fell 4.74% to Rs 1434.67 crore on 16.76% increase in total income to Rs 16942.02 crore in the year ended March 2013 over the year ended March 2012.
On a consolidated basis, net profit fell 4.95% to Rs 1443.24 crore on 16.73% increase in total income to Rs 16954.01 crore in the year ended March 2013 over the year ended March 2012.
The bank's ratio of net non-performing assets to net advances stood at 1.19% as on 31 March 2013, compared with 1.63% as on 31 December 2012 and 0.87% as on 31 March 2012.
The bank's ratio of gross non-performing assets (NPA) to gross advances stood at 1.72% as on 31 March 2013, compared with 2.18% as on 31 December 2012 and 1.26% as on 31 March 2012.
Provisions and contingencies rose 36.19% to Rs 459.92 crore in Q4 March 2013 over Q4 March 2012. The provisioning coverage ratio as on 31 March 2013 stood at 62.06% as against 65.30% as on 31 March 2012.
On a standalone basis, the bank's Capital Adequacy Ratio (CAR) as per Basel II norms stood at 12.33% as on 31 March 2013, compared with 12.57% as on 31 December 2012 and 13% as on 31 March 2012.
The board of Corporation Bank recommended a dividend of Rs 19 per share for the year ended March 2013.
Government of India holds 59.82% stake in Corporation Bank (as on 31 March 2013).
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
