Mumbai, India — April 30, 2026
State-owned lender Central Bank of India on Wednesday reported its financial results for the fourth quarter of FY26, posting a 30% year-on-year decline in net profit to ₹724.4 crore, primarily due to a one-time deferred tax liability.
Despite the drop in bottom-line earnings, the bank delivered strong growth in core income, lending, and deposits, signaling continued momentum in its underlying business.
📊 Q4 FY26 Financial Highlights
The bank’s profitability was impacted by a ₹632 crore one-off deferred tax adjustment, following changes introduced under the Finance Act 2026.
- Net Profit: ₹724.4 crore (↓ 30% YoY)
- Net Interest Income (NII): ₹4,002 crore (↑ 17.8% YoY)
- Operating Profit: ₹2,096 crore (↑ 4.7% YoY)
- Total Income: ₹10,811 crore (↑ 4.6% YoY)
The strong growth in NII reflects improved lending activity and stable margins, helping offset the impact of tax-related adjustments.
💰 Dividend & Capital Raising Plan
The board recommended a fourth interim dividend of ₹0.60 per equity share (6%), taking the total FY26 dividend to ₹1.20 per share.
- Record Date: May 8, 2026
In a strategic move to support future growth, the bank also approved plans to raise up to ₹7,000 crore in FY27 through multiple routes:
- Qualified Institutional Placement (QIP)
- Follow-on Public Offer (FPO)
- Rights Issue
This capital infusion is expected to strengthen the balance sheet and support credit expansion.
📉 Asset Quality & Business Growth
Central Bank of India reported improving asset quality trends, alongside robust business growth:
- Gross NPA (GNPA): Improved to 2.67% (from 2.70% QoQ)
- Net NPA (NNPA): Slightly increased to 0.49% (from 0.45% QoQ)
- Total Business: Crossed ₹8.13 lakh crore (↑ 15.65% YoY)
- Total Deposits: ₹4,67,885 crore (↑ 13.37% YoY)
- Gross Advances: ₹3,44,929 crore (↑ 18.90% YoY)
- CASA Ratio: 47.31%
The steady decline in GNPA highlights improved asset quality and recovery efforts, while credit growth continues to outpace deposit expansion.
📅 Full-Year FY26 Performance
For the full financial year, the bank delivered solid earnings growth, supported by higher interest income and expanding loan book:
- Annual Net Profit: ₹4,369 crore (↑ 15% YoY)
This marks a continued recovery trajectory for the PSU lender as it strengthens its financial position.
📌 Outlook
While Q4 profit was impacted by a non-recurring tax adjustment, Central Bank of India’s core operating metrics remain strong. The planned capital raise and improving asset quality position the bank for sustained growth in FY27, particularly amid rising credit demand.
