Quarterly Result17 Jul 2026, 01:36 pm
Central Bank of India Q1 FY27 Net Profit Up 13.26% to ₹1324 Cr
AI Summary
Central Bank of India reported its financial results for the first quarter ended June 30, 2026. The bank's Net Profit increased by 13.26% year-on-year to ₹1324 crore, up from ₹1169 crore in the same period last year. Total Global Business grew by 18.29% to ₹833320 crore, with Deposits rising 11.68% to ₹478972 crore and Gross Global Advances increasing by 28.58% to ₹354348 crore. Asset quality showed improvement with Gross NPA at 2.60%, down 53 bps. The bank also expanded its international footprint by opening an IFSC Banking Unit at Gift City, Gandhinagar. Operating Profit saw a slight dip to ₹2186 crores from ₹2304 crores.
Key Highlights
- Net Profit surged 13.26% YoY to ₹1324 crore.
- Total Global Business grew 18.29% to ₹833320 crore.
- Gross NPA improved by 53 bps to 2.60%.
- Opened an IFSC Banking Unit at Gift City, Gandhinagar.
- CRAR improved to 18.28%.
Price Impact
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