Central Bank of India has reported a strong performance for the second quarter and half year ended September 30, 2026. Net profit for the quarter surged by 21.10% to ₹1,469 crore, up from ₹1,213 crore in the same period last year. Total global business grew by 20.54%, and advances saw a significant increase of 29.83%.
Central Bank of India Reports Robust Q2 FY27 Performance
Central Bank of India has announced its financial results for the second quarter and half year ended September 30, 2026, showcasing substantial growth in key financial metrics. The bank reported a net profit of ₹1,469 crore for the second quarter (Q2FY27), marking a significant increase of 21.10% compared to ₹1,213 crore in the corresponding quarter of the previous year (Q2FY26).
Key Business Highlights
The bank’s total global business experienced a healthy growth of 20.54%, reaching ₹8,89,541 crore in Q2FY27. Total domestic deposits increased by 14.41% to ₹5,08,509 crore. Global advances also showed robust growth, rising by 29.83% to ₹3,81,032 crore.
Business per employee saw an improvement, standing at ₹25.26 crore on a year-on-year basis, up from ₹21.48 crore for the quarter ended September 30, 2025. Furthermore, RAM (Retail, Agriculture & MSME) business grew by an impressive 21.11%.
Profitability Gains
Operating profit for the quarter stood at ₹2,268 crore, an increase of 26.9% from ₹1,786 crore in Q2FY26. Net Interest Income (NII) grew by 26.28% year-on-year to ₹4,146 crore in Q2FY27, compared to ₹3,283 crore in Q2FY26. Total income (including interest and non-interest income) improved by 14.92% to ₹11,737 crore for Q2FY27.
The Cost to Income ratio saw a reduction, falling to 58.95% for Q2FY27 from 62.42% in Q2FY26, indicating improved operational efficiency.
Half-Yearly Performance
For the half year ended September 30, 2026, the bank’s net profit increased by 17.25% to ₹2,793 crore. Operating profit for the half year stood at ₹4,454 crore, an 8.90% growth. Net Interest Income for the half year grew by 20.91% to ₹8,060 crore.
Asset Quality and Capital Adequacy
Asset quality metrics showed improvement, with Gross NPA standing at 2.39% and Net NPA at 0.31%. The Provision Coverage Ratio improved to 97.16%. The bank’s Total BASEL III CRAR for the quarter/half year ended September 30, 2026, was 17.68%, an increase of 34 bps from the previous year.
Source: BSE
