Mumbai, July 19
Central Bank of India on Saturday reported a 33 per cent year-on-year (YoY) growth in net profit, reaching Rs 1,169 crore for the first quarter of FY26, the bank said in an exchange filing on Saturday.
In the same period last year (Q1 FY25), the public sector lender had posted a net profit of Rs 880 crore.
Total income in the quarter ended on June 30 rose to Rs 10,374 crore, up from Rs 9,500 crore in Q1 FY25. Of this, interest income improved to Rs 8,589 crore, compared to Rs 8,335 crore in the year-ago period.
Meanwhile, operating profit increased to Rs 2,304 crore, from Rs 1,933 crore in the corresponding quarter of the previous fiscal.
The bank's Net Interest Income (NII) for the June quarter (Q1 FY26), stood at Rs 3383 crore.
The public sector lender’s asset quality saw notable improvement in the quarter under review as well.
According to the filing, the Gross Non-Performing Assets (GNPA) declined to 3.13 per cent of gross advances, slightly down from 4.54 per cent a year earlier.