Central Bank Q1 Profit Rises 33% to Rs.1,169 Cr as Core Income, Asset Quality Improve

State-owned Central Bank of India reported a 33% year-on-year rise in net profit to ₹1,169 crore for the first quarter of FY26, compared to ₹880 crore in the same period last year. The strong performance was supported by an increase in core income and a sharp decline in provisions and contingencies, which halved to ₹521 crore from ₹1,191 crore in Q1 FY25. The bank’s total income also rose sharply to ₹10,374 crore, up from ₹9,500 crore a year ago.

• Net profit rose to ₹1,169 crore vs ₹880 crore in Q1 FY25

• Total income increased to ₹10,374 crore from ₹9,500 crore

• Provisions and contingencies declined to ₹521 crore from ₹1,191 crore

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Interest Income, Operating Profit See Healthy Growth

The bank’s interest earned improved to ₹8,589 crore in the June quarter, as against ₹8,335 crore in the corresponding period last year. Operating profit surged to ₹2,304 crore, a notable improvement over ₹1,933 crore a year ago, indicating robust growth in the bank’s core business operations. This uptick reflects steady loan growth and better yield management.

• Interest income rose to ₹8,589 crore vs ₹8,335 crore

• Operating profit stood at ₹2,304 crore vs ₹1,933 crore

Asset Quality Sees Marked Improvement, NPAs Fall Sharply

The bank’s asset quality improved significantly. Gross Non-Performing Assets (NPAs) fell to 3.13% of gross advances, down from 4.54% in Q1 FY25. Net NPAs also dropped to 0.49% from 0.73% a year ago. The Provision Coverage Ratio (PCR) improved to 97.02%, compared to 96.17% in the previous year, reinforcing the bank’s improved credit quality and lower stress levels.

• Gross NPAs down to 3.13% from 4.54%

• Net NPAs fell to 0.49% vs 0.73%

• PCR rose to 97.02%, up 85 bps year-on-year

Loan Book Expands 10%, Return on Assets at Multi-Year High

Central Bank of India’s gross advances grew by 9.97% to ₹2,75,595 crore as of June 2025, up from ₹2,50,615 crore a year earlier. The bank’s total business—sum of deposits and advances—expanded by 10.84% to ₹7,04,485 crore. Return on Assets (ROA) rose to 1.02% in June 2025, from 0.82% a year ago, a 20 bps improvement, reflecting better profitability per unit of assets.

• Gross advances grew to ₹2,75,595 crore, up 9.97%

• Total business expanded to ₹7,04,485 crore, up 10.84%

• ROA improved to 1.02% from 0.82%, up 20 bps

Capital Adequacy Strengthens to 17.6% Amid Profitable Growth

The bank’s capital adequacy ratio (CAR) rose to 17.6%, up from 15.6% a year earlier, supported by higher internal accruals and improved earnings. This puts the bank in a strong position for future credit expansion and regulatory compliance, while also supporting investor confidence amid improving fundamentals.

• Capital Adequacy Ratio rose to 17.6% from 15.6%

• Strong capital buffers amid improving return metrics and credit growth

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• Central Bank of India Stock Price