Central Bank of India Q3 profit jumps 32% to Rs 1,263 crore as bad loans dip

New Delhi: State-owned Central Bank of India has posted a 32 percent jump in profit at Rs 1,263 crore in the third quarter ended December 2025, aided by improvement in bad loans.

The Mumbai-based bank had earned a net profit of Rs 959 crore in the same quarter a year ago.

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Total income increased to Rs 10,969 crore during the quarter under review against Rs 9,739 crore in the same period of last year, Central Bank of India said in a regulatory filing.

The bank's interest income also rose to Rs 9,033 crore during the quarter, up from Rs 8,509 crore in the same period a year ago.

However, the Net Interest Income (NII) marginally declined to Rs 3,502 crore, from Rs 3,540 crore of the corresponding period of the previous year.

Similarly, the net interest margin (NIM) eased to 2.96 percent, compared to 3.45 percent at the end of the third quarter of the previous financial year.

The bank's operating profit improved to Rs 2,293 crore, up from Rs 1,963 crore in December 2024.

As regards asset quality, the bank's gross Non-Performing Assets (NPAs) declined to 2.7 percent of the total loans at the end of December 2025 from 3.86 percent a year ago.

Similarly, net NPAs or bad loans came down to 0.45 percent from 0.59 percent at the end of the third quarter of the previous fiscal.

As a result, provisions for non-performing assets eased to Rs 276 crore, as against Rs 310 crore reported in the third quarter of the previous financial year.

The bank's Capital Adequacy Ratio slightly moderated to 16.13 percent, as against 16.43 percent at the end of the same quarter a year ago.

The bank's Provision Coverage Ratio improved to 96.69 percent at the end of December 2025, compared to 96.54 percent at the end of the third quarter of the previous fiscal.

Total business (mix of total credit and deposits) moved up to Rs 7,74,106 crore as against Rs 6,68,686 crore at the end of the third quarter of the previous financial year.

Gross advances increased by Rs 52,752 crore (19.48 per cent) and stood at Rs 3,23,531 crore as on December 31, 2025, as against Rs 2,70,799 crore as on December, 2024, it said.

Total deposit of the bank stood at Rs 4,50,575 crore as on December 31, 2025, as against Rs 3,97,907 crore, registering growth of Rs 52,668 crore (13.24 per cent) on a YoY basis, it added.

During the three quarters, the bank reported a net profit of Rs 3,644 crore compared to Rs 2,752 crore in the nine-month period of the previous year.

Total income also increased to Rs 31,593 crore from Rs 29,088 crore in the nine-month period of the last financial year.

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