Central Bank of India Reports Growth in Net Profit and Global Business for Q1FY26

Central Bank of India Reports Growth in Net Profit and Global Business for Q1FY26​

Central Bank of India has announced its financial results for the first quarter and three months ended June 30, 2026. The bank reported a significant rise in net profit and substantial growth in its global business portfolio during this period.

Financial Performance Overview​

The bank recorded a 13.26% year-on-year increase in net profit, reaching ₹ 1324 crores for the quarter ended June 30, 2026, compared to ₹ 1169 crores in the same quarter of the previous year. While the operating profit for the financial year stood at ₹ 2186 crores from ₹ 2304 crores, reflecting a slight dip, other key indicators showed positive momentum.

Net Interest Income (NII) grew by 15.70% on a year-on-year basis to ₹ 3914 crore in Q1FY27, up from ₹ 3383 crore in Q1FY26. The total income, which includes both interest and non-interest income, improved by 3.08%, reaching ₹ 10678 crore for Q1FY27 against ₹ 10359 crore for Q1FY26.

The bank maintained a Return on Assets (ROA) of 1.00% and saw an improvement in Return on Equity (ROE), which rose to 14.92% from 14.17%. The Net Interest Margin (NIM) stood at 3.06%, reflecting a marginal decline following the absorption of regulatory rate cuts.

Key Business Growth Metrics​

The bank's global business saw an expansion of 18.29%, reaching ₹ 833320 crore from ₹ 704485 crore in the previous year's quarter. Total deposits grew by 11.68% to ₹ 478972 crore, with CASA deposits accounting for 46.61% of the total deposit base.

Gross Global Advances witnessed a significant increase of 28.58%, rising to ₹ 354348 crore from ₹ 275595 crore in Q1FY-26. The credit-deposit ratio was recorded at 74.10. Additionally, the business per employee improved to ₹ 24.40 crore, compared to ₹ 21.07 crore for the quarter ended June 30, 2025.

The RAM (Retail, Agriculture, and MSME) business grew by 21.38%. The individual sector performance is detailed below:

Asset Quality and Capital Adequacy​

The bank demonstrated improved asset quality, with Gross NPA improving to 2.60% as of June 30, 2026, a decrease of 53 bps from 3.13% in the previous year. Net NPA remained stable at 0.49%. The Provision Coverage Ratio stood at 95.86%, and the Credit Cost for the quarter was 0.40%, down from 0.68% in the preceding quarter.

In terms of capital adequacy, the total BASEL III CRAR improved to 18.28%, including a Tier I of 16.54%, representing a 92 bps increase from the 17.66% reported for the quarter ended June 30, 2025.

Operational Reach and Expansion​

Central Bank of India continues to expand its footprint, notably by establishing an IFSC Banking Unit at Gift City, Gandhinagar, Gujarat. The bank has successfully canvassed business worth ₹ 472.67 crore at this unit as of the reporting date.

As of June 30, 2026, the bank maintains a pan-India presence with:

• 22346 Total Touch Points
• 4605 Branches (with 66.31% in rural and semi-urban areas)
• 1 IFSC Banking Unit
• 3820 ATMs
• 13890 BC outlets
• 30 BC Maxx Centres

The Cost to Income ratio stood at 55.40%, while the cost of deposits improved to 4.60% from 4.93% on an annualized basis. The slippage ratio for the quarter was recorded at 0.29%, showing an improvement of 6 bps.

CENTRALBK Stock Price Movement​

As of 1:47 PM, shares of Central Bank of India are slipping by 1.84% in live trading, currently at ₹32.01. The stock is undergoing heavy turnover with a volume of 18.64 million shares as it finds support near its intraday low of ₹31.88.