With improved performance, the Central Bank of India has registered net profit of Rs 206 crore compared to Rs 135 crore (53%) on Y-o-Y basis and turned corner from loss of Rs 1349 Crore as on 31st Mar' 21 on Q-o-Q basis.
Whereas its Operating Profit marginally declined from Rs 1291 Crore to Rs 179 crore (-8.68%) on Y-o-Y basis and improved from Rs 688 crore to Rs 1179 Crore (71.37%) on Q-o-Q basis.
Net NPA improved from 6.76% to 5.09% on Y-o-Y basis registering an improvement of 167 bps and from 5.77% to 5.09% on Q-o-Q basis registering an improvement of 68 bps.
Provision Coverage Ratio (PCR) improved from 79.12% to 84.28% on Y-o-Y basis registering an improvement of 516 bps and from 82.54% to 84.28% on Q-o-Q basis registering an improvement of 174 bps.