Corp Bank Q1 net profit up 42% at Rs 261 cr

Public sector lender Corporation Bank on Wednesday reported a 41.75 percent growth in net profit to Rs 261.24 crore in the first quarter ended June 30, 2009.

Last Updated: Jul 29, 2009, 11:58 AM IST

Mumbai: Public sector lender Corporation
Bank on Wednesday reported a 41.75 percent growth in net profit to
Rs 261.24 crore in the first quarter ended June 30, 2009.

Total income increased to Rs 2,101.52 crore in the latest
quarter to Rs 1,446.28 crore in the corresponding year-ago
period.

Shares of Corporation Bank were trading at Rs 349.15, up
1.22 percent over previous close on the BSE.

Bureau Report