Central Bank Q4 Net profit rises 41.4%

(20 second reading) Central Bank of India on April 30 reported a 41.1 percent rise in net profit to Rs 807.34 crore for the fourth quarter of the financial year 2024-25. On a sequential basis, the net profit jumped 12.5 percent.
The gross NPA ratio of the bank stood at 4.50 percent, unchanged from a quarter-ago period and down from 8.44 percent in a year-ago period.
Similarly, the net NPA ratio stood at 1.23 percent as on March 31, as against 1.27 percent in a quarter-ago period and 1.77 percent in the year-ago period.