Bank of India
NSE: BANKINDIA | Information Technology
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Central Bank Of India Q1 Result: Profit Rises 13% To Rs 1,324 Crore, Gross NPA At 2.60%
Central Bank of India reported a 13.3% year on year rise in net profit to Rs 1,324 crore for Q1FY27, up from Rs 1,169 crore in the previous year.
Read Full Analysis →Central Bank of India Q1 results: Profit rises 13% to Rs 1,324 cr
Central Bank of India announced a thirteen percent net profit increase for the June quarter. Total income rose to Rs 10,678 crore, and interest earned improved significantly. However, the bank's operating profit saw a decline from the previous year. Asset quality improved as gross non-performing assets moderated to two point six zero percent. The capital adequacy ratio also strengthened to eighteen point two eight percent during this period.
Read Full Analysis →Union Bank of India: IDBI Capital Maintains Bullish Stance After Strong Q1 Results — Check Target Price, Upside
Union Bank of India delivered a strong Q1 FY27, with net profit rising 29.5% YoY to Rs 5,330 crore and RoA/RoE improving to 1.36%/17.2%.
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