Central Bank of India, one of the leading public sector banks, today reported a rise of 7.3% in net profit on year-on-year basis to Rs 1.74 billion for the quarter ended Mar. 31, 2015 as compared to Rs 1.62 billion in the same period last year.

Total income increased by 5.17% to Rs 73.21 billion for the quarter ended Mar. 31, 2015 as compared to Rs 69.62 billion in the same period last year.

The bank has made provision of Rs 6.17 billion, which was higher by 13.8% from prior year period to Rs 5.42 billion.

Net NPA was at Rs 68.06 billion for the quarter ended Mar. 31, 2015, as compared to Rs 66.48 billion in the same period last year, representing an increase of 2.39%. In percentage term, net NPAs were at 3.61% at the end of the quarter, lower than 3.75% from last year period.

Capital adequacy ratio (CAR) of the bank under Basel III was at 10.90% as on Mar. 31, 2015. 

Shares of the bank declined Rs 2.3, or 2.06%, to settle at Rs 109.40. The total volume of shares traded was 348,912 at the BSE (Tuesday).