Central Bank of India has informed the Exchange about Transcript

Central Bank of India reported Q4 FY '26 net profit of INR724 crore impacted by a one-time INR632 crore DTA charge due to the new 25% tax rate vs. 35% previously. Excluding this, adjusted net profit would be around INR925 crore. Full-year net profit grew 15.43% to INR4,369 crore. Gross advances grew 18.76% to INR344,516 crore with CD ratio at 73.80%, while deposits grew 13.38% to INR467,923 crore. Gross NPA improved 51 bps to 2.67% and Net NPA improved 6 bps to 0.49%. CASA ratio stood at 47.30%. NIM for the quarter stood at 3.07% with management guiding to maintain above 3% going forward. The bank flagged a steep Q4 treasury income decline to INR9 crore from INR300+ crore in Q3 and lower recovery from written-off accounts (INR352 crore vs INR1,062 crore) as one-time reasons for the operating profit dip. Management guided 14%-16% credit growth and 10%-12% deposit growth for FY27, maintaining the 65%:35% RAM-to-corporate mix. For ECL migration by April 2027, the bank has already built INR1,525 crore of the estimated INR4,000 crore impact, with ongoing credit cost estimated at INR600-650 crore annually offset by INR600-800 crore benefit from tax regime transition. The bank plans to hire over 900 officers and build a sales & marketing team through IBPS.