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Corporation Bank Q2 net up 52.30 pct

Total income increased to Rs 2,072.34 crore in the latest quarter ended September 30,up 27.67 per cent from Rs 1,623.12 crore in the same quarter previous fiscal.

State-owned Corporation Bank said on Thursday that its net profit rose by 52.30 per cent to Rs 291.67 crore for the quarter ended September 30,2009,over the same period last year.

Total income increased to Rs 2,072.34 crore in the latest quarter ended September 30,up 27.67 per cent from Rs 1,623.12 crore in the same quarter previous fiscal,Corporation Bank said in a filing to the Bombay Stock Exchange.

Shares of Corporation Bank were trading at Rs 423.65 on the BSE,down 1.09 per cent from previous close.

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