Corporation Bank net profit rises 1.22% in the March 2013 quarter

Net profit of Corporation Bank rose 1.22% to Rs 355.53 crore in the quarter ended March 2013 as against Rs 351.26 crore during the previous quarter ended March 2012. Total Operating Income rose 13.45% to Rs 4068.10 crore in the quarter ended March 2013 as against Rs 3585.88 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 4.74% to Rs 1434.67 crore in the year ended March 2013 as against Rs 1506.04 crore during the previous year ended March 2012. Total Operating Income rose 17.79% to Rs 15334.08 crore in the year ended March 2013 as against Rs 13017.78 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales4068.103585.88 13 15334.0813017.78 18 OPM %74.5478.23 -5 78.1779.00 -1 PBDT462.54476.54 -3 1685.601905.51 -12 PBT462.54476.54 -3 1685.601905.51 -12 NP355.53351.26 1 1434.671506.04 -5

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