Central Bank of India Q2 FY27 Results: Consolidated Net Profit ₹1,475 Crore on Total Income of ₹11,774 Crore

Earnings
Banking

Blacklitt Research17 October 20263 min read

A stone bank building with tall columns and trees in front — Daderot, via Wikimedia Commons (CC0 1.0). Illustrative image.

Central Bank of India reported consolidated total income of ₹11,774.38 crore and net profit of ₹1,475.17 crore for the quarter ended 30 Sep 2026. Standalone total income was ₹11,737.21 crore and net profit was ₹1,468.86 crore.

Key highlights

Consolidated

Including its subsidiaries

Total income: ₹11,774 crore, up 14.5% YoY, up 9.9% QoQ
Net profit: ₹1,475 crore, up 21.0% YoY, up 11.0% QoQ
EPS: ₹1.64, against ₹1.36 in Q2 FY26
Tax as share of profit before tax: 14.0%, against 17.6% a year earlier and 25.8% in June

Standalone

The company on its own, without its subsidiaries

Total income: ₹11,737 crore, up 14.5% YoY, up 9.9% QoQ
Net profit: ₹1,469 crore, up 21.1% YoY, up 11.0% QoQ
EPS: ₹1.62, against ₹1.34 in Q2 FY26
Provisions (other than tax): ₹562.74 crore, up from ₹314.14 crore a year earlier

Summary

Consolidated ₹ crore
Particulars	Q2 FY27	Q2 FY26	YoY	Q1 FY27	QoQ
	11,774.38	10,283.71	+14.5%	10,714.39	+9.9%
Revenue from operations	10,393.90	8,776.54	+18.4%	9,725.90	+6.9%
Other income	1,380.48	1,507.17	-8.4%	988.49	+39.7%
	1,475.17	1,219.59	+21.0%	1,328.95	+11.0%
Tax expense	239.81	259.61	-7.6%	462.27	-48.1%
Net profit margin	12.53%	11.86%	+0.67 pp	12.40%	+0.13 pp
Tax as share of profit before tax	14.0%	17.6%	-3.57 pp	25.8%	-11.82 pp
EPS, basic (₹)	1.64	1.36	+20.6%	1.46	+12.3%

Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.

The tax charge fell sharply and is why profit grew twice as fast as income. Consolidated net profit rose 21.0% to ₹1,475.17 crore on total income up 14.5% to ₹11,774.38 crore, and tax took 14.0% of profit before tax against 17.6% a year ago and 25.8% in June. Against June profit rose 11.0% even though tax fell by nearly half, which means profit before tax fell about 4% (derived: ₹1,715 crore against ₹1,791 crore).

The group earns about ₹6 crore more than the bank (derived). Other income fell 8.4% to ₹1,380.48 crore, and the core line rose 18.4%. Earnings per share were ₹1.64 against ₹1.36.

Standalone ₹ crore
Particulars	Q2 FY27	Q2 FY26	YoY	Q1 FY27	QoQ
	11,737.21	10,249.73	+14.5%	10,677.99	+9.9%
Revenue from operations	10,356.87	8,743.11	+18.5%	9,690.90	+6.9%
Other income	1,380.34	1,506.62	-8.4%	987.09	+39.8%
	1,468.86	1,212.88	+21.1%	1,323.70	+11.0%
Tax expense	236.70	258.60	-8.5%	460.75	-48.6%
Net profit margin	12.51%	11.83%	+0.68 pp	12.40%	+0.12 pp
Tax as share of profit before tax	13.9%	17.6%	-3.70 pp	25.8%	-11.94 pp
EPS, basic (₹)	1.62	1.34	+20.9%	1.46	+11.0%

Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.

Operating profit grew 27% but provisions rose 79%, so the profit growth comes from the tax line. Operating profit before provisions was ₹2,268.30 crore against ₹1,785.62 crore, provisions (other than tax) ₹562.74 crore against ₹314.14 crore, and tax ₹236.70 crore against ₹258.60 crore. Profit before tax was therefore about ₹1,705.56 crore against about ₹1,471.48 crore, up about 16% (derived), and net profit rose 21.1% to ₹1,468.86 crore.

The auditors draw attention, without modifying their conclusion, to Note 6 on deferred tax: net deferred tax assets of ₹1,959.17 crore were recognised on the standalone statement at 30 September 2026 (₹2,181.21 crore a year earlier), based on management's review of the possible tax benefits from timing differences. A deferred tax asset is realised only if the bank earns enough taxable profit in future.

For H1 FY27 operating profit is ₹4,454.37 crore against ₹4,089.60 crore and net profit ₹2,792.56 crore (derived). The scanned asset quality and capital tables are partly unreadable, so NPA and capital ratios are not quoted here.

Inference

Central Bank's operating profit rose 27%, but provisions rose faster, and its net profit growth leans on a low tax share.

The deferred tax asset of about ₹1,959 crore depends on future taxable profit, and the filing text read does not give the asset quality ratios.

Reference: Original filing (PDF)

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