Central Bank Q1 FY27: Net profit up 13% to Rs 1,324 cr, NPA improves
CENTRALBK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Central Bank of India reported Q1 FY27 standalone net profit of Rs 1,324 crore, up 13.3 percent YoY from Rs 1,169 crore. Total income rose 3.1 percent to Rs 10,678 crore while interest earned grew 12.8 percent. Gross NPA improved to 2.60 percent from 3.13 percent. Net NPA stable at 0.49 percent. Capital adequacy rose to 18.28 percent. Government of India shareholding diluted to 81.19 percent from 89.27 percent, indicating a recent capital raise. Deposits grew 11.7 percent and advances rose 29.3 percent YoY. Auditors gave an unmodified opinion with an emphasis of matter on deferred tax assets of Rs 1,624 crore.
Steady profit growth, improved asset quality, and strong capital position are positives. Government stake dilution signals completed capital infusion.