Central Bank of India's Q1FY26 Quarterly Results
- 2d ago
Result Summary
- Central Bank of India reported a 6.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 9.2%.
- Its expenses for the quarter were up by 5.6% QoQ and 7.5% YoY.
- The net profit increased 57.1% QoQ and increased 35.9% YoY.
- The earnings per share (EPS) of Central Bank of India stood at 1.4 during Q1 FY 2025-26.
Financial Statments for Q1FY26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 10410.11 | 9734.30 | 9533.37 | 6.9% | 9.2% |
Total Expenses | 8094.70 | 7661.90 | 7527.86 | 5.6% | 7.5% |
Provisions & contingencies | 522.47 | 709.89 | 1193.42 | -26.4% | -56.2% |
Profit Before Tax | 1877.79 | 1362.51 | 812.09 | 37.8% | 131.2% |
Tax | 617.33 | 550.68 | -74.87 | 12.1% | -924.5% |
Profit After Tax | 1284.16 | 817.46 | 944.70 | 57.1% | 35.9% |
Earnings Per Share | 1.40 | 0.90 | 1.10 | 55.6% | 27.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Central Bank of India is a significant player in the Indian banking sector. As a government-owned bank, it offers a range of financial services, including personal and corporate banking, loans, savings accounts, and investment products. The bank operates across various segments, catering to retail, agricultural, and corporate clients. Central Bank of India has been involved in several initiatives aimed at enhancing digital banking services, improving customer experience, and expanding its outreach. The bank's focus on innovation and technology adoption is in line with the broader industry trend towards digital transformation. Any recent major developments specific to the Central Bank of India are not available in the provided data.
Central Bank of India Revenue
For the first quarter of FY26, Central Bank of India reported a total income of ₹10,410.11 crores. This marks a 6.9% increase compared to the previous quarter (Q4FY25), where the total income stood at ₹9,734.30 crores. Year-over-year, the total income grew by 9.2% from ₹9,533.37 crores in Q1FY25. The upward trajectory in revenue reflects the bank's capacity to generate higher income from its core banking activities and other financial services, even amidst a challenging economic environment.
Central Bank of India Profitability
The profitability of Central Bank of India has shown notable improvement in Q1 FY 2025-26. The profit before tax (PBT) was ₹1,877.79 crores, up by 37.8% from ₹1,362.51 crores in Q4FY25, and a significant 131.2% increase from ₹812.09 crores in Q1FY25. The profit after tax (PAT) reached ₹1,284.16 crores, which is a 57.1% increase compared to the previous quarter and a 35.9% increase year-over-year. The provisions and contingencies were reduced to ₹522.47 crores in Q1FY26, a decrease from ₹709.89 crores in Q4FY25 and ₹1,193.42 crores in Q1FY25, indicating a substantial reduction in provisions over the periods. Earnings per share (EPS) also improved to ₹1.40, up from ₹0.90 in the previous quarter and ₹1.10 in the same quarter last year.
Central Bank of India Operating Metrics
Total expenses for Q1FY26 amounted to ₹8,094.70 crores, representing a 5.6% increase from ₹7,661.90 crores in Q4FY25 and a 7.5% increase from ₹7,527.86 crores in Q1FY25. This increase in expenses aligns with the overall growth in income and profitability. The bank's tax outlay for the quarter was ₹617.33 crores, which is a 12.1% increase from the previous quarter. The tax figure for Q1FY25 was notably negative at -₹74.87 crores, due to unspecified factors not detailed in the data. Overall, the bank's financial performance demonstrates growth in key operational areas, reflected by increased income, reduced provisions, and higher profits.