Quarterly Financial Results
Central Bank of India Reports 13.26% YoY Growth in Q1 FY27 Net Profit to ₹1,324 Crore
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- Central Bank of India reported a steady performance for the quarter ended 30 June 2026, with net profit increasing 13.26% YoY to ₹1,324 crore.
- The bank recorded strong growth in advances and deposits while further improving its asset quality, with Gross NPA declining to 2.60% and Net NPA remaining at 0.49%.
- The presentation also highlighted robust growth in retail, agriculture and MSME (RAM) lending and continued expansion in global business.
PRICE-SENSITIVE TRIGGER
Event: Q1 FY27 Financial Results Presentation
Type: Quarterly Financial Results
Impact: Positive
Immediate Effect:
- Double-digit growth in net profit.
- Strong loan growth.
- Continued improvement in asset quality.
- Stable profitability despite margin pressure.
financials:
Key Metrics:
- Net Profit: ₹1,324 crore (↑13.26% YoY)
- Total Income: ₹10,678 crore (↑3.08% YoY)
- Interest Income: ₹9,691 crore (↑12.84% YoY)
- Net Interest Income (NII): ₹3,914 crore (↑15.70% YoY)
- Operating Profit: ₹2,186 crore
- Total Provisions: ₹862 crore (↓24.05% YoY)
- Gross NPA: 2.60%
- Net NPA: 0.49%
- ROE: 14.92%
- Credit Cost: 0.40%
- Book Value per Share: ₹40.41
- EPS (Quarter): ₹1.46 (non-annualised)
Highlight:
- Global Business: ₹8,33,320 crore (↑18.29% YoY)
- Total Deposits: ₹4,78,972 crore (↑11.68% YoY)
- CASA Deposits: ₹2,22,892 crore (↑11.16% YoY)
- Global Advances: ₹3,54,348 crore (↑28.58% YoY)
- RAM Portfolio: ₹2,41,105 crore (↑21.38% YoY)
What Happened ?
Central Bank of India delivered another profitable quarter supported by healthy credit growth and controlled asset quality. Net interest income grew nearly 16% year-on-year while advances expanded by over 28%, reflecting strong lending momentum across retail, agriculture and MSME segments.
Despite moderation in net interest margin due to declining yields, the bank maintained profitability through lower provisioning requirements and continued improvement in credit quality. Gross NPA improved to 2.60%, while Net NPA remained among the lowest levels in recent years at 0.49%.
key details
Profitability:
- Net Profit increased to ₹1,324 crore from ₹1,169 crore.
- Net Interest Income rose 15.70% YoY to ₹3,914 crore.
- Interest Income increased 12.84% YoY to ₹9,691 crore.
- Total Income rose to ₹10,678 crore.
- Provisions declined by 24.05% YoY, supporting earnings growth.
Landing & Deposits:
- Global Advances increased 28.58% YoY.
- Deposits crossed ₹4.79 lakh crore.
- CASA deposits exceeded ₹2.22 lakh crore.
- RAM advances grew over 21%.
Asset Quality:
- Gross NPA improved from 3.13% (June 2025) to 2.60%.
- Net NPA remained stable at 0.49%.
- Provision Coverage Ratio (including technical write-offs) remained above 95%.
Balance Sheet:
- Total Assets: ₹5,57,011 crore
- Deposits: ₹4,78,972 crore
- Loans & Advances: ₹3,46,837 crore
- Reserves & Surplus: ₹31,377 crore
Key Positives:
- Double-digit profit growth.
- Strong loan book expansion.
- Healthy growth in deposits.
- Lower provisioning burden.
- Continued improvement in Gross NPA.
- Strong ROE of nearly 15%.
Risk Analysis
Summary:
- While business growth remains strong, profitability could face pressure from lower lending yields and narrowing net interest margins if the interest-rate environment remains soft.
Key Risks:
- Net Interest Margin declined to 3.06%.
- Yield on advances reduced by 69 bps YoY.
- Liquidity Coverage Ratio declined compared with the previous year.
- Higher competition for deposits could pressure funding costs.
Risk Level: Low
Company Commentary
- Continued focus on profitable growth.
- Strong improvement in business volumes.
- Healthy capital position and asset quality.
- Expansion of retail and RAM lending.
- Continued emphasis on customer service, digital banking and operational efficiency.
Official Exchange Filing: Central Bank of India
