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State-owned Central Bank of India on Saturday (July 19, 2025) posted a 33% growth in net profit at ₹1,169 crore during the first quarter of this financial year, aided by improvement in core income and decline in bad debts.
The Mumbai-based bank had earned a net profit of ₹880 crore in the same quarter of the previous fiscal year.
The total income rose to ₹10,374 crore during the June quarter of 2025-26, from ₹9,500 crore in the same quarter of FY25, Central Bank of India said in a regulatory filing.
Interest earned by the bank improved to ₹8,589 crore, as compared to ₹8,335 crore in the June quarter of FY25.
During the period under review, operating profit of the bank increased to ₹2,304 crore, as compared to ₹1,933 crore in the same quarter a year ago.
The bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 3.13% of gross advances at the end of the June quarter, from 4.54% a year ago.
Gross advances increased by 9.97% to ₹2,75,595 crore from ₹2,50,615 crore at the end of June 2024.
Similarly, net NPAs, or bad loans, declined to 0.49%, as against 0.73% in the year-ago period.
As a result, provisions and contingencies halved to ₹521 crore during the first quarter as compared to ₹1,191 crore in the same period a year ago.
Provision Coverage Ratio (PCR) improved to 97.02% from 96.17%, an improvement of 85 basis points.
At the same time, Return on Assets (ROA) improved to 1.02% for June 2025, from 0.82% in June 2024, registering an improvement of 20 bps, it said.
Capital adequacy ratio of the bank rose to 17.6%, from 15.6% in the same quarter of FY25.
Total business grew by 10.84% to ₹7,04,485 crore from ₹6,35,564 crore at the end of June 2024.
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