Central Bank of India releases Consolidated Quarterly Results for March 31, 2023. Central Bank of India has announced an increase in total income from Rs. 7665.59 Crores as of December 31, 2022, to Rs. 8595.68 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 473.47 Crores as of December 31, 2022, to Rs. 591 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 0.55 on December 31, 2022, to Rs. 0.68 on March 31, 2023, according to the company’s statement.
Central Bank of India Quarterly Results (Q4 FY2023) – Quarter-over-Quarter Comparison:
Total income of the company is Rs. 8595.68 Crores (March 31, 2023) vs. Rs. 7665.59 Crores (December 31, 2022)
Net profit/loss: Rs. 591 Crores (March 31, 2023) vs. Rs. 473.47 Crores (December 31, 2022)
EPS: Rs. 0.68 (March 31, 2023) vs. Rs. 0.55 (December 31, 2022)
| Financials | Q4 FY2023 | Q3 FY2023 | % Change |
| Total Income | ₹ 8595.68 Cr | ₹ 7665.59 Cr | ⬆ 12.13% |
| Net Profit | ₹ 591 Cr | ₹ 473.47 Cr | ⬆ 24.82% |
| EPS | ₹ 0.68 | ₹ 0.55 | ⬆ 23.64% |
Central Bank of India Quarterly Results (Q4 FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 8595.68 Crores (March 31, 2023) vs. Rs. 6444.82 Crores (March 31, 2022)
Net profit/loss: Rs. 591 Crores (March 31, 2023) vs. Rs. 342.26 Crores (March 31, 2022)
EPS: Rs. 0.68 (March 31, 2023) vs. Rs. 0.39 (March 31, 2022)
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹ 8595.68 Cr | ₹ 6444.82 Cr | ⬆ 33.37% |
| Net Profit | ₹ 591 Cr | ₹ 342.26 Cr | ⬆ 72.68% |
| EPS | ₹ 0.68 | ₹ 0.39 | ⬆ 74.36% |
Central Bank of India Quarterly Results (Year Ended FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 29741.59 Crores (March 31, 2023) vs. Rs. 25870.83 Crores (March 31, 2022)
Net profit/loss: Rs. 1678.78 Crores (March 31, 2023) vs. Rs. 1075.79 Crores (March 31, 2022)
EPS: Rs. 1.93 (March 31, 2023) vs. Rs. 1.24 (March 31, 2022)
| Financials | 12 Months Ended FY2023 | 12 Months Ended FY2022 | % Change |
| Total Income | ₹ 29741.59 Cr | ₹ 25870.83 Cr | ⬆ 14.96% |
| Net Profit | ₹ 1678.78 Cr | ₹ 1075.79 Cr | ⬆ 56.05% |
| EPS | ₹ 1.93 | ₹ 1.24 | ⬆ 55.65% |
| Asset Quality | Q4 FY2023 | Q3 FY2023 | Q4 FY2022 |
| Gross NPA | ₹ 18436.48 Cr | ₹ 18557.88 Cr | ₹ 28215.22 Cr |
| Gross NPA % | 8.41% | 8.83% | 14.78% |
| Net NPA | ₹ 3627.22 Cr | ₹ 4096.53 Cr | ₹ 6704.86 Cr |
| Net NPA % | 1.77% | 2.09% | 3.96% |
The gross NPA of the Central Bank of India was ₹ 18436.48 Crorse in Q4 FY2023, down from ₹ 28215.22 Crorse in Q3 FY2022 and ₹ 18557.88 Crorse in Q3 FY2023.
Net NPA was ₹ 3627.22 Crorse in Q4 FY2022, a decrease from ₹ 6704.86 Crorse in Q3 FY2022 and ₹ 4096.53 Crorse in Q3 FY2023.
As of March 31, 2023, GNPA was 8.41% of Gross advances, compared to 14.78% on March 31, 2022, and 8.83% on December 31, 2022.
As of March 31, 2023, Net NPA was 1.77% of Gross advances, a decrease from 3.96% on March 31, 2022, and 2.09% on December 31, 2022.
| Ratios | Q4 FY2023 | Q3 FY2023 | Q4 FY2022 |
| RoA % | 0.63% | 0.52% | 0.40% |
| CAR (BASEL III) % | 14.12% | 13.76% | 13.84% |
Central Bank of India Q4 FY2023 Return on Average Assets (RoA) was 0.63%, up from % in Q3 FY2023 and 0.40% in Q3 FY2022.
In Q4 FY2023, the Bank’s Capital Adequacy Ratio (CAR) was 14.12%, down from 13.76% in Q3 FY2023 and % in Q4 FY2022.
Central Bank of India Share Dividend Announcement / Record Date:
The dividend’s record date has not yet come
About Central Bank of India:
Based in Mumbai, Central Bank of India is a public sector bank in India. However, it is important to note that despite its name, it is not the central bank of India. The central bank of India is the Reserve Bank of India.
Download Full PDF Q4 Results Central Bank of India:
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