State-owned Corporation Bank today reported 8.3 per cent rise in net profit at Rs 45.06 crore for the fourth quarter ended March.
The bank's net profit was Rs 41.57 crore in January-March quarter of 2013-14.
Total income increased to Rs 5,385.28 crore in quarter ended March, from Rs 5,032.61 crore in the same period of last fiscal, the bank said in a BSE filing.
The bank has recommended a dividend of 70 per cent, or Rs 1.40 per unit, on the face value of Rs 2 per share for fiscal 2014-15.
For the full fiscal 2014-15, the bank's net profit rose marginally by 4 per cent to Rs 584.25 crore as compared to Rs 561.71 crore in the previous fiscal.
Total income increased to Rs 21,038.90 crore for the year to March 2015, from Rs 19,606.28 crore for the year ended March 31, 2014.
