Central Bank of India Q2 profit rises 21% to ₹1,469 crore

Central Bank of India reported a 21% rise in Q2 FY27 net profit to ₹1,469 crore, with net interest income up 26% and gross NPAs down to 2.39%.

Bank branch with rupee coins in the foreground representing bank quarterly profit
Central Bank of India reported higher profit for the September quarter. Illustration: AI-generated.

Key points

  • Central Bank of India's net profit for the September 2026 quarter rose 21% to ₹1,469 crore from ₹1,324 crore a year earlier.
  • Net interest income grew 26% to ₹4,146 crore.
  • Gross NPAs fell to 2.39% of advances from 3.01% a year ago, while provisions rose to ₹490 crore.
  • Capital adequacy improved to 17.68% from 17.48%.

What happened

Central Bank of India earned ₹1,469 crore in the quarter ended 30 September 2026, the second quarter of FY27. That is 21% more than the ₹1,324 crore the public sector lender made in the same quarter last year, according to its regulatory filing as covered by BusinessLine and The Hindu.

Total income rose to ₹11,737 crore from ₹10,212 crore. Interest income, the money earned on loans and investments, climbed to ₹10,357 crore from ₹8,743 crore.

Also read: ICICI Bank Q2 profit rises 20% to ₹14,843 crore; margin dips to 4.18% · Axis Bank Q2 profit rises 38% to ₹7,003 crore; NII up 12%

Net interest income (NII), which is interest earned minus interest paid to depositors and lenders, rose 26% to ₹4,146 crore from ₹3,283 crore. The Economic Times attributed the profit growth largely to strong loan growth, even as other income declined.

The cost-to-income ratio, which shows how much of income goes on running costs, improved to 58.95% from 62.42%. Operating profit, the profit before setting aside money for bad loans and taxes, edged up to ₹2,268 crore from ₹2,186 crore.

Bar chart of Central Bank of India gross NPA ratio falling from 3.01% to 2.39%
Gross NPAs as a share of gross advances, September quarter. Chart: Finance.net.in.

Asset quality and capital

Gross non-performing assets (NPAs), meaning loans where borrowers have stopped paying, eased to 2.39% of gross advances at the end of September 2026. A year earlier the figure was 3.01%.

Net NPAs, which are gross NPAs after deducting the money the bank has set aside, fell to 0.31% from 0.48%.

Provisioning, the money a bank puts aside against possible loan losses, rose to ₹490 crore in the quarter from ₹144 crore a year ago. The Provision Coverage Ratio stood at 97.16%, up 28 basis points (0.28 percentage point) from 96.88%. You can read more about a basis point in our glossary.

The Capital to Risk-Weighted Assets Ratio (CRAR), a measure of the bank’s capital cushion relative to its risky assets, improved to 17.68% from 17.48%.

What it means for you

If you hold a deposit or account with the bank, the lower bad-loan ratios and higher capital ratio point to a stronger balance sheet than a year ago. The sources do not mention any change in deposit or loan rates.

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Background

Banks report results every quarter, and year-on-year comparisons, such as September 2026 against September 2025, are the usual way to read them. Net interest income is the core earnings measure for lenders, which is why reports described the growth as coming from core income.

What it means for you

The results show higher core earnings and lower bad-loan ratios at Central Bank of India compared with a year ago. Higher provisioning shows the bank set aside more money against possible losses. The reports do not mention changes to customer deposit or loan rates.

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Frequently asked questions

What was Central Bank of India's net profit in Q2 FY27?

The bank earned ₹1,469 crore in the quarter ended 30 September 2026, up 21% from ₹1,324 crore a year earlier.

How did the bank's asset quality change?

Gross NPAs fell to 2.39% of gross advances from 3.01% a year ago, and net NPAs fell to 0.31% from 0.48%.

What is net interest income?

It is the interest a bank earns on loans and investments minus the interest it pays out. For Central Bank of India it rose 26% to ₹4,146 crore.

Sources

  1. Central Bank of India Q2 net profit jumps 21% to ₹1,469 cr on higher core income — BusinessLine — Money & Banking
  2. Central Bank of India Q2 net profit jumps 21% to ₹1,469 crore on higher core income — The Hindu — Business
  3. Central Bank of India’s Q2 profit jumps 21% YoY to Rs 1,469 crore — Economic Times — Markets

This article is for information only and is not investment, tax or legal advice. Figures are from the sources linked above as of the publish or update time. Please verify with official sources or a qualified adviser before making financial decisions.