Corporation Bank registered a 5.35% growth in net profit at `370.26 crore for the quarter ended June 30, 2012, as against `351.45 crore posted in the corresponding quarter of the previous fiscal.
Net interest income went up by 14.34% to `808.4 crore from `707 crore during the period, the bank Chairman and Managing Director Ajai Kumar said.
Operating profit for the period under review stood at `669.86 crore as against `553.19 crore in the same period a year ago, a growth of 21.09%. EPS was at `100 for the current quarter as against `94.90 for Q1 of FY 2011(annualized).
Book value per share rose to `583.69 as compared to `505.59 as at June 2011.
Return on equity was at 17.50% and ROA works out to 0.97% (both annualized). Total business of the bank stood at `232,649 crore (`196,686 crore), a growth of 18.28% on y-o-y basis.
Business per employee has gone up to `16.68 crore (`15.15 crore).
Business per branch has improved stood at `149.70 crore (`144.41 crore).