Q4 Results for Banks

May 12, 2012 |

Vijaya Bank's net profit grew three-fold during the fourth quarter of the last fiscal, on the back of controlled operating expenses. The bank's net profit stood at Rs 180.99 crore compared with Rs 54.23 crore in the corresponding quarter the previous fiscal.

Bank of India (BOI) has reported a near two-fold rise in net profit to Rs 952.73 crore for the fourth quarter ended March 31, 2012.

Dena Bank reported a 62 per cent jump in net profit to Rs 255 crore in the January-March 2012 quarter compared with Rs 157 crore in the year-ago period.

Allahabad Bank has registered a 55 per cent growth in net profit at Rs 400 crore for the fourth quarter ended March 31, 2012, compared with Rs 258 crore during the same period last year.

Union Bank of India reported a 29 per cent growth in net profit at Rs 773 crore in the January-March 2012 quarter compared with Rs 598 crore in the year-ago period.

Indian Overseas Bank, reported a 21.76 per cent jump in its net profit for the fourth quarter ending March 31, 2012 at Rs 528.81 crore, compared to the year ago period.

Bank of Baroda posted a 17 per cent growth in net profit for the fourth quarter ended March 31, 2012 at Rs 1,518 crore (Rs 1,294 crore).

Punjab & Sind Bank reported a 13 per cent increase in net profit at Rs 147.80 crore (Rs 130.27 crore) for the fourth quarter ended March 31.

Corporation Bank has registered growth of 1.71 per cent in net profit during the fourth quarter of 2011-12. The bank recorded a net profit of Rs 351.26 crore in Q4, against Rs 345.34 crore in the corresponding period the previous fiscal.

Syndicate Bank has registered a six per cent rise in net profit at Rs 309.43 crore for the fourth quarter of 2011-12 fiscal compared with Rs 289.29 crore recorded during the corresponding period of the previous fiscal.

United Bank of India (UBI) reported a net profit of Rs 149.29 crore for the quarter ended March 2012, up by 4.2 per cent over the corresponding period last year.

Andhra Bank net profit increased 8.6 per cent to Rs 339 crore in the fourth quarter ended March 31, 2012 compared with Rs 312 crore in the year-ago period.

Central Bank of India reported a loss of Rs 105 crore in January-March 2012 compared with a net profit of Rs 133 crore in the corresponding year-ago period. 

Indian Bank has reported a 21.29 per cent dip in its net profit for the fourth quarter of 2011-12, to Rs 345.43 crore, compared with the corresponding quarter of last year.

Canara Bank's net profit was down 7.76 per cent to Rs 829.09 crore in the fourth quarter of last fiscal, against Rs 898.9 crore in the corresponding quarter of the previous year.

Posted in: Banking News