Mumbai: Central Bank of India has reported strong financial performance for the first quarter of FY 2026-27, with its standalone net profit increasing by 13.3% year-on-year to ₹1,323.70 crore compared with ₹1,168.69 crore in the same quarter of the previous financial year.
The bank’s improved profitability, stronger capital position and better asset quality have placed the stock in focus among investors. During the quarter ended June 30, 2026, the bank continued to strengthen its balance sheet while maintaining healthy growth across key business segments.
Central Bank of India Q1 FY 2026-27 Financial Highlights
Central Bank of India recorded a total income of ₹10,677.99 crore in Q1 FY 2026-27, compared with ₹10,359.52 crore in Q1 FY 2025-26, registering a growth of 3.1% year-on-year.
Key standalone financial performance:
- Total Income: Increased to ₹10,677.99 crore from ₹10,359.52 crore, registering a growth of 3.1% year-on-year.
- Interest Earned: Rose to ₹9,690.90 crore from ₹8,588.54 crore, marking a growth of 12.8%.
- Operating Profit: Declined to ₹2,186.07 crore from ₹2,303.98 crore, down 5.1% year-on-year.
- Provisions: Reduced to ₹401.62 crore from ₹521.11 crore, showing a decline of 22.9%.
- Net Profit: Increased to ₹1,323.70 crore compared with ₹1,168.69 crore, registering a growth of 13.3%.
- Earnings Per Share (EPS): Improved to ₹1.46 from ₹1.29, rising 13.2% year-on-year.
The increase in net profit was supported by higher interest income and a reduction in provisions during the quarter.
Read also: Central Bank of India Appoints Chandradeep Kumar Jha as Government Nominee Director on Board
Consolidated Net Profit Stands at ₹1,323.13 Crore
On a consolidated basis, Central Bank of India reported a net profit of ₹1,323.13 crore in Q1 FY 2026-27, compared with ₹1,281.98 crore in the corresponding quarter of FY 2025-26.
The consolidated performance reflects steady growth across the bank’s operations and subsidiaries.
Asset Quality Improves as Gross NPA Ratio Declines
Central Bank of India continued to improve its asset quality during the quarter. The Gross Non-Performing Assets (GNPA) ratio improved to 2.60% in Q1 FY 2026-27, compared with 3.13% in the same quarter last year.
The Net NPA ratio remained stable at 0.49%, maintaining the same level as the previous year.
Key asset quality indicators:
- Gross NPA Ratio: Improved to 2.60% in Q1 FY 2026-27 from 3.13% in Q1 FY 2025-26.
- Net NPA Ratio: Remained stable at 0.49% compared with 0.49% in the same period last year.
- Provision Coverage Ratio (PCR): Stood at 95.86% in Q1 FY 2026-27 compared with 97.02% in Q1 FY 2025-26.
Although gross NPAs in absolute terms increased to ₹9,225 crore from ₹8,638 crore a year earlier, the GNPA ratio improved due to growth in the overall loan portfolio.
The bank’s credit cost also improved significantly, declining to 0.40% from 0.68% in the previous year. The slippage ratio stood at 0.29%, compared with 0.25% during the same period last year.
Capital Position Remains Strong with CAR at 18.28%
Central Bank of India maintained a strong capital position during Q1 FY 2026-27, with its Capital Adequacy Ratio (CAR) at 18.28%, improving from 17.66% a year ago.
Other key financial ratios include:
- CET-1 Ratio: 16.54%
- Return on Assets (Annualised): 1.00%
- Operating Margin: 20.47%
- Net Profit Margin: 12.40%
- Net Worth: ₹36,572.58 crore
The strong capital base provides the bank with additional support for future growth and expansion.
Business Growth Driven by Advances and Deposits
The bank witnessed healthy growth in its business operations during the quarter.
Global advances increased 28.58% year-on-year to ₹3,54,348 crore, supported by strong growth in corporate lending.
Corporate credit grew significantly by 46.52% to ₹1,12,770 crore, reflecting increased lending activity in the wholesale segment.
The bank’s total deposits increased 11.68% year-on-year to ₹4,78,972 crore, while CASA deposits grew 11.16% to ₹2,22,892 crore.
The CASA ratio stood at 46.61%, declining slightly by 27 basis points compared with the previous year.
Segment Performance in Q1 FY 2026-27
Central Bank of India reported varied performance across business segments.
- Treasury Operations: Revenue stood at ₹3,34,183 lakh, with a profit of ₹62,126 lakh.
- Retail Banking: Recorded revenue of ₹5,06,706 lakh and reported a profit of ₹1,37,710 lakh.
- Wholesale Banking: Generated revenue of ₹2,23,625 lakh and reported a loss of ₹13,914 lakh.
Retail banking remained a key contributor to profitability, while wholesale banking reported a loss during the quarter.
Central Bank of India Outlook
Central Bank of India’s Q1 FY 2026-27 results highlight steady profitability growth, improved asset quality and a strong capital position. With rising advances, healthy deposit growth and better risk management, the bank continues to focus on sustainable expansion and strengthening its position in India’s banking sector.
About Central Bank of India
Central Bank of India is one of India’s oldest and largest public sector banks, established in 1911. The bank provides a wide range of banking services including retail banking, corporate banking, loans, deposits and digital banking solutions through its extensive network across India. Central Bank of India focuses on financial inclusion, technology adoption and supporting economic growth.
