City Union Bank Limited has informed the Exchange regarding a press release dated July 31, 2025, titled "Standalone Un Audited Financial Results for quarter ended June 30, 2025".
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Awaiting price reaction for this filing.
City Union Bank reported Q1 FY26 results with total income rising 17% to Rs 1,849 Cr from Rs 1,580 Cr a year ago. Net Interest Income grew 15% to Rs 625 Cr, while Operating Profit jumped 21% to Rs 451 Cr. Profit After Tax crossed the Rs 300 Cr mark for the first time in the bank's history, rising 16% to Rs 306 Cr from Rs 264 Cr. Deposits grew strongly by 20% to Rs 65,734 Cr and Advances grew 16% to Rs 54,020 Cr, taking total business to Rs 1,19,754 Cr. Asset quality improved sharply, with Gross NPA falling to 2.99% (from 3.88%) and Net NPA to 1.20% (from 1.87%), while Capital Adequacy Ratio remained healthy at 23.10% and NIM stable at 3.54%.
A balanced, healthy quarter with broad-based growth in income, deposits, and advances, alongside a notable improvement in asset quality. Likely to be received positively by investors given the milestone of crossing Rs 300 Cr quarterly PAT for the first time.