Central Bank of India532885Quarterly results

Board approves unaudited Q2 and H1 results; auditors give an unmodified conclusion

Board approved the unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026, plus the Security Cover Certificate and the deviation(s)/variation(s) statement.

By ScoutQuest · Sat 17 Oct 2026, 1:26 PM IST · 3 min read

Standalone Net Profit (Q2): Rs. 1,46,886 lakh for the quarter
Standalone Net Profit (H1): Rs. 2,79,256 lakh for the half year
Gross NPA / Net NPA: Gross NPA 2.39%; Net NPA 0.31%

The board met on Saturday, 17 October 2026 from 11.45 AM to 1.00 PM and approved the bank's unaudited standalone and consolidated financial results for the second quarter and half year ended 30 September 2026.

What the auditors said

Four joint auditors — A D B & Company, Jain Paras Bilala & Co., Amit Ray & Co. and Garg Ashok & Co. — reviewed the standalone and consolidated statements.
Their conclusion is unmodified: nothing came to their attention that would suggest a material misstatement or that the required disclosures were not made.
The board also declared the audit report with an unmodified opinion for the quarter ended 30.09.2026.

The one item flagged for attention

Under "Emphasis of Matter" the auditors drew attention to Note No. 6 on Deferred Tax, based on the management's tax review of possible benefits arising out of timing differences.
Standalone Net Deferred Tax Assets: Rs. 1,95,917 lakhs recognized as on September 30, 2026, against Rs. 2,18,121 lakhs as on September 30, 2025.
Consolidated Net Deferred Tax Assets: Rs.1,95,015 lakhs as on September 30, 2026, against Rs. 2,17,052 lakhs as on September 30, 2025.
The auditors' conclusion is not modified in respect of this matter.

Standalone scorecard (as printed, figures in ₹ in Lakh)

Total Income (1+2): 11,73,721 for the quarter ended 30.09.2026 and 20,04,777 for the half year.
Operating Profit (Profit before Provisions & Contingencies): 2,26,830 for the quarter.
Provisions (other than tax) and Contingencies: 56,274.
Net Profit / (Loss) for the period: 1,46,886 for the quarter and 2,79,256 for the half year.
Basic and Diluted Earnings per Share: 1.62 for the quarter.
Percentage of shares held by Government of India: 81.19% as on 30.09.2026, against 89.27% as on 30.09.2025.

Asset quality and capital

Amount of Gross Non-Performing Assets: 9,10,853 lakh; Amount of Net Non-Performing Assets: 1,14,605 lakh.
% of Gross Non-Performing Assets: 2.39%; % of Net Non-Performing Assets: 0.31%.
Capital Adequacy Ratio-Basel III: 17.68%; CET 1 Ratio: 15.97%.

Other decisions at the meeting

Statement of deviation(s) or variation(s) for the quarter ended 30.09.2026.
Security Cover Certificate as on 30.09.2026.

How the review was carried out

The relevant returns of the Top 20 branches, Integrated Treasury Branch, International Financial Services Centre Banking Unit and Central Office departments were reviewed, and the auditors relied on review reports of concurrent auditors of 163 branches.
The statement includes interim financial results for 4,439 branches that the joint auditors did not review.
The consolidated statement covers 2 subsidiaries (Cent Bank Home Finance Limited and Cent Bank Financial Services Limited) and 3 associates (Generali Central Insurance Company Limited, Generali Central Life Insurance Company Limited and Indo-Zambia Bank Limited, Zambia); for the 2 subsidiaries and the associates the auditors relied on financial information furnished by the management, which considers them not material to the group.

What a retail investor can take away

This is the bank's quarterly results disclosure and it comes with an unmodified review conclusion. The deferred tax asset balance is smaller than a year earlier and has been flagged as a matter of emphasis while the conclusion itself stays unmodified. The income, profit, asset-quality and capital ratios above are the figures to compare with earlier quarters.

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