Central Bank of India has reported impressive financial results for the second quarter of fiscal year 2025, showcasing substantial growth in both revenue and net profit. The bank’s performance was driven by higher interest income, improved asset quality, and efficient management of operational costs.
Key Financial Highlights:
- Total Income: ₹8,944 crore, up from ₹8,414.29 crore in Q2 FY24.
- Interest Earned: ₹8,020.26 crore, compared to ₹7,355.06 crore in Q2 FY24.
- Other Income: ₹1,674.70 crore, up from ₹1,062.26 crore in Q2 FY24.
- Net Profit: ₹918.24 crore, a significant increase from ₹605.43 crore in the same quarter last year.
- Operating Expenses: ₹2,879.25 crore, up from ₹2,525.81 crore in Q2 FY24.
- Interest Expended: ₹4,879.24 crore, up from ₹4,352.97 crore in Q2 FY24.
Asset Quality:
- Gross NPA: ₹11,605.42 crore, down from ₹13,874.21 crore in Q2 FY24.
- Net NPA: ₹1,673.97 crore, a sharp reduction from ₹3,662.42 crore in Q2 FY24.
- Gross NPA Percentage: 4.59%, compared to 4.62% in the previous quarter.
- Net NPA Percentage: 0.65%, down from 1.74% YoY.
Capital Adequacy:
- Capital Adequacy Ratio (CAR): 16.27%, up from 14.82% in Q2 FY24.
- Tier I Ratio: 14.01%, showing a strong capital buffer.
Return on Assets (ROA) and Earnings Per Share (EPS):
- ROA: 0.65%, an improvement from 0.37% in Q2 FY24.
- EPS: ₹1.05, compared to ₹0.70 in Q2 FY24.
Additional Metrics:
- Net Profit Margin: 10.26%, up from 7.20% in the same period last year.
- Operating Margin: 21.91%, reflecting efficient operational cost management.
Central Bank of India’s strong financial performance has led to a positive response from investors, with shares surging over 4%. The bank’s focus on improving asset quality and maintaining a solid capital position has contributed to its robust results for Q2 FY25.
