CSB Bank reports 7% rise in profit after tax for FY26

Yash Agarwal — Mon, 04 May 2026 09:01:55 +0000

CSB Bank has announced its audited financial results for the quarter and financial year ended 31 March 2026, highlighting a robust performance across key financial metrics. The bank’s profit after tax (PAT) for FY26 rose by 7% year-on-year, reaching ₹633 crore compared to ₹594 crore in FY25.

Total deposits at CSB Bank grew by 20% year-on-year, increasing from ₹36,861 crore as of 31 March 2025 to ₹44,246 crore as of 31 March 2026. The bank’s CASA ratio stood at 20% as of the end of the fiscal year. Meanwhile, net advances saw a significant increase of 26% year-on-year, rising from ₹31,507 crore to ₹39,848 crore, driven by a 53% growth in gold loans and a 37% rise in wholesale loans.

The bank’s net interest income (NII) for the fourth quarter of FY26 grew by 25% year-on-year to ₹464 crore, up from ₹371 crore in the corresponding quarter of the previous year. On a full-year basis, NII increased by 17% to ₹1,720 crore against ₹1,476 crore in FY25. Non-interest income also saw a positive trend, growing by 21% from ₹972 crore in FY25 to ₹1,177 crore in FY26.

Operating profit for the fourth quarter stood at ₹294 crore, compared to ₹317 crore in Q4 FY25. However, for the full year, operating profit increased by 19% year-on-year to ₹1,085 crore from ₹910 crore. The cost-income ratio for Q4 FY26 was recorded at 61.88%, slightly higher than the 57.92% seen in Q4 FY25.

CSB Bank’s asset quality showed improvement, with gross non-performing assets (GNPA) reducing to 1.66% as of 31 March 2026, down from 1.96% at the end of the previous quarter and 1.57% a year earlier. Net non-performing assets (NNPA) also improved to 0.40%, compared to 0.67% in the previous quarter and 0.52% a year ago.

The bank’s capital adequacy ratio remained robust at 20.66%, well above the regulatory requirement, although slightly lower than the 22.46% recorded as of 31 March 2025.

CSB Bank’s MD & CEO expressed optimism about the bank’s performance, highlighting the successful navigation of challenges and the transition into the Scale Phase of its SBS 2030 vision. The bank aims to focus on accelerating sustainable and profitable growth, leveraging its stable core and enhanced operational efficiency.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Sreelatha M | Business Upturn

CSB Bank reports 7% rise in profit after tax for FY26