State-owned Central Bank of India today said its net profit nearly trebled to Rs

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171.6 crore for the fourth quarter ended March 31, 2010, over the same period last year.

Total income rose to Rs 3,723.9 crore for the quarter ended March 31, from Rs 3,150 crore in the same period last year, Central

Bank of India said in a filing to the Bombay Stock Exchange (BSE).

The bank's board has proposed a final dividend of Re 1 per share to shareholders for the financial year 2009-10.

For the year ended March 31, 2010, the company has reported a net profit of Rs 1,058 crore, up 85.36 per cent over the same period

a year-ago.

Shares of Central Bank of India were trading at Rs 158.90 on the BSE, down 1.40 per cent from previous close.