Central Bank of India Q3: Net profit jumps 32% YoY to ₹1,263 crore as bad loans fall; NII slips marginally

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

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

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

However, the net interest income (NII) marginally declined to ₹3,502 crore from ₹3,540 crore registered in the corresponding period of the previous year.

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

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

Asset Quality

As regards asset quality, the bank's gross non-performing assets (NPAs) declined to 2.7% of the total loans at the end of December 2025 from 3.86% a year ago.

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

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

The bank's capital adequacy ratio (CAR) slightly moderated to 16.13%, as against 16.43% at the end of the same quarter a year ago.

The bank's provision coverage ratio improved to 96.69% at the end of December 2025, compared to 96.54% at the end of the third quarter of the previous fiscal.

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

Gross advances increased by ₹52,752 crore (19.48%) and stood at ₹3,23,5311 crore as of December 31, 2025, as against ₹2,70,799 crore as of December 2024, it said.

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

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

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

Shares of the bank ended 0.73% higher at ₹38.57 apiece on the NSE.