How does this profit compare to the previous quarter?

Mar 2026 net profit was ₹746 cr; this quarter ₹1,323.70 cr, a sequential increase of 77%.

What drove the NPA improvement?

Gross NPA ratio fell from 3.13% to 2.60%, implying recoveries or lower slippages, though the filing does not detail drivers.

Is the stock expensive given these earnings?

With a trailing P/E of 6.4x, the stock is not expensive, but the market may be pricing in persistent NIM pressure from high deposit costs.

Did the board announce any dividend?

No; only the approval of unaudited results was disclosed.

What is the outlook for NIM?

Not provided in this filing; the next test is whether NIM expands or contracts in coming quarters.

Earnings · Banks · Large cap

Central Bank Q1 profit up 13%, NPA ratio improves

Net profit of ₹1,323.70 cr rises from ₹1,168.69 cr a year ago. Gross NPA ratio narrows to 2.60% from 3.13%. Results confirm the bank's steady improvement without surprises.

— 6 earlier stories on Central Bank Of India →

CENTRALBK By Tipsheet Editorial 17 Jul 2026 · 1:20 PM IST Verify on BSE · NSE

Mkt cap₹29,146 cr

P/E6.44×

ROE12.47%

Debt / eq.0.66

Div yld3.69%

13% YoY net profit growth

What's new

Net profit up 13% YoY to ₹1,323.70 cr
Gross NPA ratio improved to 2.60% from 3.13%
Results in line with expectations; no outlook change

Why this matters

The bank continues to improve asset quality and profitability, consistent with the broader public sector bank recovery. The lack of surprises means the stock's low P/E of 6.4x likely remains intact until NIM trends or loan growth deviate.

What we're watching

Loan growth trajectory — Q1 advances already up 28.77% YoY
Any change in NIM pressure from deposit competition
LIC's additional stake moves after crossing 5%

The full read

Central Bank of India's June-quarter net profit rose 13% year-on-year to ₹1,323.70 crore. Gross NPAs narrowed to 2.60% from 3.13%. A clean quarter with no surprises. Advances already grew 28.77% in Q1 (per earlier data), and the stock's trailing P/E of 6.4x suggests the market is watching deposit-cost pressure on NIMs more than this earnings beat. LIC's recent 5% stake gives a floor. Today's filing confirms the trend. It doesn't change it.

Questions answered

How does this profit compare to the previous quarter?: Mar 2026 net profit was ₹746 cr; this quarter ₹1,323.70 cr, a sequential increase of 77%.
What drove the NPA improvement?: Gross NPA ratio fell from 3.13% to 2.60%, implying recoveries or lower slippages, though the filing does not detail drivers.
Is the stock expensive given these earnings?: With a trailing P/E of 6.4x, the stock is not expensive, but the market may be pricing in persistent NIM pressure from high deposit costs.
Did the board announce any dividend?: No; only the approval of unaudited results was disclosed.
What is the outlook for NIM?: Not provided in this filing; the next test is whether NIM expands or contracts in coming quarters.

Mentioned: Central Bank of India · Q1 FY27 · 13% YoY profit growth

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Central Bank Of India

Banks

₹29,028 cr

P/E 6.36×

Latest quarter · Jun 2026

Net profit₹1,323 cr

Net margin+13.7%

EPS₹1.46

Returns & growth

Return on equity+13.2%

Sales CAGR+4.6%

Story so far

All notes on CENTRALBK →

17 Jul 2026 · 1:20 PM IST Central Bank Q1 profit up 13%, NPA ratio improves
7d ago Central Bank Q1 profit up 13%, ECL provision guidance in focus
7d ago Central Bank of India Q1 net profit rises 13%, asset quality improves
21d ago Central Bank of India advances jump 28.77% in Q1 FY27
51d ago Central Bank of India names Vivek Kumar CFO for three-year term