Centurion Bank posts 249% growth in net - Views on News from Equitymaster

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Centurion Bank posts 249% growth in net

Jan 15, 2000

Centurion Bank has posted a net profit of Rs 90 m for the quarter ended 31st December 1999. The gain is largely attributable to the sharp growth in other income and a slower growth in expenditure.

(Rs m) 3QFY2000 3QFY1999 Change
Net Sales 1,128.2 432.2 161.0%
Other Income 247.7 77.2 220.9%
Expenditure 1,105.7 440.8 150.8%
Interest 941.0 372.9 152.3%
Depreciation 112.7 39.7 183.9%
Profit before Tax 157.5 28.9 445.0%
Tax 67.2 3.0 2140.0%
Profit after Tax 90.3 25.9 248.6%
Net profit margin 8.0% 6.0%  

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