Central Bank of India Delivers Strong Q1 FY27 Performance; Net Profit Rises 13%, Business Crosses ₹8.33 Lakh Crore
Forever News
Mumbai: Central Bank of India has reported an impressive performance for the first quarter of FY27, registering healthy growth in profitability, business expansion and asset quality. The bank continues to strengthen its balance sheet while maintaining robust credit growth, reinforcing its position among India’s leading public sector banks.
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Central Bank of India Delivers Strong Q1 FY27 Performance
The bank posted a 13.3% year-on-year growth in net profit to ₹1,324 crore during Q1 FY27, while Net Interest Income (NII) increased by 15.7% to ₹3,914 crore, reflecting strong growth in its core banking operations.
Strong Loan Book Drives Growth
Central Bank of India continued its aggressive lending strategy with net advances increasing by 29.3% year-on-year to ₹3.47 lakh crore, while gross advances rose 28.6% to ₹3.54 lakh crore. The sharp increase indicates robust credit demand across retail, agriculture, MSME and corporate sectors.
On the liabilities side, deposits grew 11.7% to ₹4.79 lakh crore, helping the bank’s total business expand to ₹8.33 lakh crore, marking another important milestone in its growth journey.
Asset Quality Continues to Improve
One of the biggest positives in the quarterly performance is the continued improvement in asset quality.
The Gross NPA ratio declined to 2.60% from 3.13% a year ago, while the Net NPA remained at a comfortable 0.49%, demonstrating disciplined credit underwriting and effective recovery mechanisms.
The bank maintained a healthy Provision Coverage Ratio (PCR) of 81.41% (excluding technical write-offs) and 95.86% (including technical write-offs), providing a strong safeguard against future credit risks.
Further, credit cost declined to just 0.45%, indicating significantly lower provisioning requirements and improving asset quality.
Healthy Capital Base Supports Future Expansion
Central Bank of India remains well-capitalised with a Capital Adequacy Ratio (CAR) of 18.29%, while the Common Equity Tier-I (CET-I) ratio improved to 16.54%. The strong capital position provides sufficient headroom to support future credit growth without immediate capital infusion.
The bank’s net worth increased to ₹36,573 crore, while book value per share improved to ₹40.40, reflecting sustained value creation for shareholders.
Operational Performance Remains Strong
The bank generated Profit Before Tax (PBT) of ₹1,784 crore during the quarter.
Its Return on Assets (RoA) improved to 1.00%, while Return on Equity (RoE) climbed to 14.92%, reflecting enhanced profitability and efficient utilisation of capital.
Although the Net Interest Margin (NIM) moderated slightly to 3.06%, it remained healthy in the prevailing interest rate environment. The Cost-to-Income Ratio improved to 55.40%, highlighting continued operational discipline and cost management.
Outlook
Central Bank of India’s Q1 FY27 performance reflects a balanced growth strategy driven by strong credit expansion, consistent deposit mobilisation, improving asset quality and a robust capital base.
With the Indian economy expected to sustain healthy growth, rising demand for retail and MSME credit, and continued focus on digital banking and operational efficiency, the bank appears well-positioned to maintain its growth momentum throughout FY27.
Key Financial Highlights – Q1 FY27
Net Profit: ₹1,324 crore (↑13.3% YoY)
Net Interest Income: ₹3,914 crore (↑15.7% YoY)
Profit Before Tax: ₹1,784 crore
Total Business: ₹8.33 lakh crore
Net Advances: ₹3.47 lakh crore (↑29.3% YoY)
Deposits: ₹4.79 lakh crore (↑11.7% YoY)
Gross NPA: 2.60%
Net NPA: 0.49%
Capital Adequacy Ratio: 18.29%
CET-I Ratio: 16.54%
Return on Assets: 1.00%
Return on Equity: 14.92%
Central Bank of India Q1 FY27 Results: Net Profit Rises 13.3%, Business Tops ₹8.33 Lakh Crore
