*Corporation Bank* reported a substantial rise in standalone net profit for
the quarter ended December 2008. During the quarter, the profit of the
company rose 34.35% to Rs 2,564.71 million from Rs 1,909 million in the same
quarter previous year.

Interest earned for the quarter jumped 47.74% to Rs 16,234.81 million, while
total income for the quarter jumped 50.54% to Rs 19,055.19 million, when
compared with the prior year period.

During the quarter, the company reported earnings of Rs 17.88 a share,
registering an increase of 34.34% over the previous year quarter.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Interest Income* 16,234.81 10,988.60 47.74 *Net Profit* 2,564.71
1,909.00 34.35 *Basic EPS* 17.88 13.31          34.34

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