Corporation Bank has registered a 29% growth in net during the quarter ended 31st December 1999. This was driven by higher spreads and a 20% jump in non-fund based income. The net margins have improved from 14% to 16.3%.
(Rs m) | 3QFY2000 | 3QFY1999 | Change |
Interest Earned | 4,026.1 | 3,626.8 | 11.0% |
Other Income | 575.2 | 481.0 | 19.6% |
Operating Expenditure | 728.9 | 617.4 | 18.1% |
Interest Expended | 2,808.9 | 2,685.5 | 4.6% |
Profit before Tax | 1,063.5 | 804.9 | 32.1% |
Provisions & Contingencies | 406.7 | 296.3 | 37.3% |
Profit after Tax/(Loss) | 656.8 | 508.6 | 29.1% |
Net profit margin (%) | 16.3% | 14.0% |
For the quarter ended September 2019, CORPORATION BANK has posted a net profit of Rs 1 bn (up 26.0% YoY). Sales on the other hand came in at Rs 40 bn (up 0.9% YoY). Read on for a complete analysis of CORPORATION BANK's quarterly results.
For the quarter ended June 2019, CORPORATION BANK has posted a net profit of Rs 1 bn (up 21.6% YoY). Sales on the other hand came in at Rs 40 bn (down 4.9% YoY). Read on for a complete analysis of CORPORATION BANK's quarterly results.
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