New Delhi: Central Bank of India has reported a standalone net profit of ₹724 crore for the fourth quarter of FY26, as per its audited financial results for the quarter and year ended March 31, 2026.
The bank’s Board meeting was held on April 30, 2026, from 4:00 PM to 5:55 PM, where it also approved a 4th interim dividend of ₹0.60 per share.
Q4 FY26 Financial Performance
The bank reported steady growth in income and operating performance during the quarter.
Key Q4 Highlights (Standalone):
- Net Profit: ₹724 crore (down 30% YoY)
- Total Income: ₹10,811 crore (up 4.6% YoY)
- Interest Earned: ₹9,661 crore (up 12% YoY)
- Operating Profit: ₹2,096 crore (up 4.7% YoY)
- Profit Before Tax: ₹1,592 crore (up 37% YoY)
- EPS: ₹0.80
While net profit declined year-on-year, core income and operating metrics showed improvement.
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Full-Year FY26 Performance Improves
For the full financial year FY26, the bank posted strong overall growth:
- Net Profit: ₹4,369 crore (up 15% YoY)
- Total Income: ₹42,341 crore (up 7.7% YoY)
- Operating Profit: ₹8,478 crore (up 4.4% YoY)
- EPS: ₹4.83
The results reflect consistent operational performance and improved business momentum across key segments.
Dividend Announcement for Shareholders
The Board declared a 4th interim dividend of ₹0.60 per equity share (6%) for FY26.
Dividend Details:
- Total FY26 Dividend: ₹1.20 per share (12%)
- Record Date: May 8, 2026
This reflects the bank’s continued focus on delivering shareholder value.
Asset Quality Shows Improvement
The bank reported improvement in asset quality metrics:
- Gross NPA: 2.67% (down from 3.18%)
- Net NPA: 0.49% (down from 0.55%)
- Provision Coverage Ratio: 95.97%
- Gross NPA (absolute): ₹9,185 crore
The decline in NPAs indicates better credit quality and recovery performance.
Strong Capital Position and Financial Stability
The bank remains well-capitalized with strong regulatory ratios:
- CRAR: 17.91%
- CET1 Ratio: 15.61%
- Net Worth: ₹34,600 crore
- Government Holding: 89.27%
These figures highlight a stable and compliant capital structure.
Capital Raising Plan of ₹7,000 Crore Approved
The Board has approved a major capital-raising plan of up to ₹7,000 crore for FY27.
Funding options include:
- Follow-on Public Offer (FPO)
- Rights Issue
- Qualified Institutional Placement (QIP)
- Preferential Issue
- Basel III-compliant AT1 and Tier II bonds
This move is aimed at strengthening growth capital and future expansion.
One-Time Accounting Adjustments Impact Results
The bank reported two key accounting changes:
- ₹49 crore positive impact due to shift in depreciation method
- ₹632 crore one-time tax charge due to Deferred Tax Asset revaluation
These adjustments affected quarterly profit but do not reflect core operational performance.
About Central Bank of India
Central Bank of India is one of India’s oldest public sector banks with a wide national presence. Backed by the Government of India, the bank offers a range of retail, corporate, and financial services, and continues to focus on improving asset quality, digital banking, and sustainable credit growth.
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