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News Details

22/07/2026 13:10

CSB Bank Q1 net profit up 26.51% at Rs 150.04 cr

The bank reported standalone net profit of Rs 150.04 crore for the quarter ended June 30, 2026 as compared to Rs 118.60 crore in the same period last year, registering a year-on-yearÿgrowthÿof 26.51 per cent.

Interest income of the bank rose by 23.67 per cent at Rs 1287.32 crore for the quarter ended June 30, 2026 as against Rs 1040.94 crore in the corresponding period last year.

During the April-June quarter, total income rose moderately by 17.92 per cent to Rs 1,516.07 crore from Rs 1,285.65 crore in the year ago period.

Meanwhile, operating expenses increased by 18.77 per cent to Rs 1,265.30 crore from Rs 1,065.34 crore in the same period last year.

Operating profit surged 13.83 per cent to Rs 250.77 crore from Rs. 220.31 crore.

Provisions and Contingencies slipped by 19.35 per cent at Rs 49.03 crore from Rs 60.79 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, increased by 26.16 per cent at Rs 478.66 crore versus Rs 379.41 crore in the year ago period. Non-interest income dipped 6.52 per cent year-on-year to Rs 228.75 crore.

On the asset side, gross non- performing assets (NPAs)ÿfellÿto 1.75 per cent of the gross advances as at the end of June 30, 2026 from a level of 1.84 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.39 per cent of net advances on June 30, 2026 from 0.66 per cent a year ago.