Central Bank of India has reported Consolidated financial results for the period ended June 30, 2023.
Financial Results (Q1 FY2024) - QoQ Comparison
The company has reported total income of Rs. 8218.02 crores during the period ended June 30, 2023 as compared to Rs. 8595.68 crores during the period ended March 31, 2023.
The company has posted net profit / (loss) of Rs. 494.98 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 591 crores for the period ended March 31, 2023.
The company has reported EPS of Rs. 0.57 for the period ended June 30, 2023 as compared to Rs. 0.68 for the period ended March 31, 2023.
Total Income | ₹ 8218.02 crs | ₹8595.68 crs | -4.39% |
Net Profit | ₹494.98 crs | ₹591 crs | -16.25% |
EPS | ₹0.57 | ₹0.68 | -16.18% |
Financial Results (Q1 FY2024) - YoY Comparison The company has reported total income of Rs. 8218.02 crores during the period ended June 30, 2023 as compared to Rs.6387.24 crores during the period ended June 30, 2022.
The company has posted net profit / (loss) of Rs.494.98 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.272.90 crores for the period ended June 30, 2022.
The company has reported EPS of Rs.0.57 for the period ended June 30, 2023 as compared to Rs.0.31 for the period ended June 30, 2022.
Total Income | ₹ 8218.02 crs | ₹6387.24 crs | 28.66% |
Net Profit | ₹494.98 crs | ₹272.90 crs | 81.38% |
EPS | ₹0.57 | ₹0.31 | 83.87% |
Asset Quality:
Gross NPA | ₹10947.84 crs | ₹18436.48 crs | ₹29064.90 crs |
Gross NPA % | 4.95% | 8.41% | 14.84% |
Net NPA | ₹3757.30 crs | ₹3627.22 crs | ₹6817.65 crs |
Net NPA % | 1.75% | 1.77% | 3.93% |
Gross NPA was at ₹ 10947.84 crs in Q1 FY2024 against ₹ 29064.90 crs in Q1 FY2023. The same was at ₹ 18436.48 crs in Q4 FY2023.
Net NPA was at ₹ 3757.30 crs in Q1 FY2024 against ₹ 6817.65 crs in Q1 FY2023. The same was at ₹ 3627.22 crs in Q4 FY2023.
GNPA was at 4.95% of Gross advances as on June 30, 2023 as compared to 14.84% as on June 30, 2022 and 8.41% as of March 31, 2023.
Net NPA was at 1.75% of Gross advances as on June 30, 2023 as compared to 3.93% as on June 30, 2022 and 1.77% as of March 31, 2023.
RoA % | 0.51% | 0.63% | 0.31% |
CAR (BASEL III) % | 14.42% | 14.12% | 13.33% |
Return on Average Assets (RoA) is at 0.51% for Q1 FY2024 against 0.63% in Q4 FY2023 and 0.31% in Q1 FY2023.
In Q1 FY2024, Bank's total Capital Adequacy Ratio (CAR) was at 14.42%, as compared to 14.12% in Q4 FY2023 and 13.33% in Q1 FY2023.
Shares of Central Bank of India was last trading in BSE at Rs. 31.59 as compared to the previous close of Rs. 30.37. The total number of shares traded during the day was 2538165 in over 4659 trades.
The stock hit an intraday high of Rs. 32.59 and intraday low of 30.42. The net turnover during the day was Rs. 80136132.00.
Source : Equity Bulls
Keywords
CentralBankofIndia
Q1FY24
ResultUpdate