Corporation Bank Q3 net up 25% at Rs 382.42 cr

Public sector lender Corporation Bank Friday reported a 25.38 percent rise in its third quarter net profit at Rs 382.42 crore.

Mumbai: Public sector lender Corporation Bank Friday reported a 25.38 percent rise in its third quarter net profit at Rs 382.42 crore.
     
The PSU lender had a net profit of Rs 304.99 crore at the end of December quarter of 2009-10 fiscal, it said in a filing to the Bombay Stock Exchange (BSE).
     
Total income of the bank increased to Rs 2,735.73 crore during the December quarter, from Rs 2,112.29 crore in the same period last year.
     
Shares of Corporation Bank closed at Rs 579.90, up 2.17 percent on the BSE.

PTI

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