Central Bank of India has reported a significant increase in its net profit for the financial year ending 31st March 2026. The bank’s net profit rose by 15.43% to ₹ 4369 crore compared to ₹ 3785 crore in the previous financial year.
The bank attributed this growth to a 15.60% increase in total business, which reached ₹ 812439 crore, up from ₹ 702798 crore in the previous year. Total deposits also saw a substantial rise, increasing by 13.38% to ₹ 467923 crore.
Gross advances grew by 18.76% to ₹ 344516 crore, and the credit-deposit ratio stood at 73.80. The bank’s asset quality improved, with gross NPA reducing to 2.67%, an improvement of 51 basis points, and net NPA reducing to 0.49%, an improvement of 6 basis points.
The bank’s operating profit for the year increased by 4.37% to ₹ 8479 crore, while net interest income grew by 1.97% to ₹ 14171 crore. The return on assets improved to 0.89% from 0.86%, and the return on equity improved to 13.00% from 12.48%.
For the quarter ending 31st March 2026, the bank reported a net profit of ₹ 724 crore, down from ₹ 1034 crore in the same quarter of the previous year. This decline was due to a onetime impact of ₹ 632 crore related to the recognition of Deferred Tax Asset at a revised rate.
The bank’s capital adequacy ratio improved to 17.91%, with Tier I capital at 15.61%. The proposed interim dividend for the quarter is set at 6%, or ₹ 0.60 per equity share.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).