Central Bank of India Q2 net profit jumps 21% to ₹1,469 crore on higher core income

Central Bank of India on Saturday (October 17, 2026) reported a 21% rise in net profit to ₹1,469 crore for the second quarter ended September 30, 2026, helped by improved core income and reduction in bad assets. The public sector lender posted a net profit of ₹1,324 crore in the same period of the previous fiscal.

“The bank’s total income increased to ₹11,737 crore in the second quarter from ₹10,212 crore a year ago,” Central Bank of India said in a regulatory filing.

Interest income rose to ₹10,357 crore in the September quarter of FY27 from ₹8,743 crore in the year-ago period.

During the quarter, net interest income rose 26% to ₹4,146 crore against ₹3,283 crore in the second quarter of last financial year. Cost-to-income ratio reduced to 58.95% compared to 62.42% in the year-ago period. The bank’s operating profit also increased to ₹2,268 crore from ₹2,186 crore a year ago.

As regards asset quality, gross non-performing assets (NPAs) of the bank moderated to 2.39% of gross advances at the end of September 2026 compared to 3.01% a year ago. Similarly, net NPAs or bad loans came down to 0.31% at the end of September 2026 against 0.48% a year ago.

However, provisioning increased to ₹490 crore during the quarter against ₹144 crore in the July-September period of the last fiscal.

The Provision Coverage Ratio (PCR) stood at 97.16% as on September 30, 2026, registering a growth of 28 bps, from 96.88% at the end of September 2025.

The Capital to Risk-Weighted Assets Ratio (CRAR) improved to 17.68% from 17.48% at the end of the second quarter of the previous financial year.