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Informist, Wednesday, Jul. 22, 2026

 

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--CSB Bank Apr-Jun net profit INR 1.50 bln 
--CSB Bank Apr-Jun total income INR 15.16 bln 
--CSB Bank Apr-Jun net profit INR 1.50 bln vs INR 1.19 bln year ago 
--CSB Bank Apr-Jun total income INR 15.16 bln vs INR 12.86 bln yr ago 
--CSB Bank gross NPA ratio 1.75% on Jun 30 vs 1.66% qtr ago 
--CSB Bank Apr-Jun provisions INR 490.30 mln vs INR 607.90 mln year ago 
--CSB Bank net NPA ratio 0.39% on Jun 30 vs 0.40% qtr ago 
--CSB Bank Basel III capital adequacy ratio 19.96% on Jun 30 
--CSB Bank shares fall sharply to INR 353.10, down 4.6% vs 0.2?rlier 
--CSB Bank Apr-Jun net interest margin 3.66% vs 3.83% qtr ago 
--CSB Bank Apr-Jun net interest income INR 4.79 bln, up 26% on year 
--CSB Bank Apr-Jun cost of funds 6.55% vs 6.42% qtr ago 
--CSB Bank Apr-Jun cost of deposits 6.46% vs 6.33% qtr ago 
 

 

By Meera Nair

 

MUMBAI – Higher interest earned helped lift CSB Bank Ltd.'s net profit for the June quarter, even as expenses rose at a slightly faster pace than total income. The lender reported its strongest year-on-year growth in net profit in 13 quarters.

 

The lender's net profit rose around 27% on year to INR 1.50 billion, although it fell around 26% sequentially. Total income increased 18% to INR 15.16 billion from INR 12.86 billion a year ago and was marginally higher sequentially. Interest earned rose 24% on year to INR 12.87 billion, supporting the rise in earnings. 

 

The sequential fall in bottom line was due to a sharp fall in income from corporate and retail banking. In the June quarter, the bank's corporate banking income fell to INR 283.9 million from INR 512.6 million a quarter ago. Income from retail banking fell to INR 1.46 billion from INR 1.81 billion a quarter ago.

 

In terms of asset quality, the bank's gross non-performing assets ratio was 1.75% as of Jun. 30, up from 1.66% a quarter ago. However, the net non-performing assets ratio saw a slight improvement to 0.39% as of Jun. 30 from 0.40% a quarter ago. Provisions dropped to INR 490.30 million from INR 607.90 million a quarter ago. The bank's Basel-III capital adequacy ratio was at 19.96% as of Jun. 30. 

 

The bank's net interest margin declined to 3.66% from 3.83% a quarter ago, while the net interest income rose 26% on year to INR 4.79 billion for the reporting quarter. The lender's cost of funds was at 6.55%, up from 6.42% a quarter ago, and the cost of deposits was at 6.46%, up from 6.33% a quarter ago. 

 

The bank reported healthy growth in total deposits and gross advances. The lender's gross advances rose 24% on year to INR 403.09 billion as of Jun. 30, while its total deposits were up 26% on year at INR 454.15 billion as of Jun. 30. 

 

The bank's gold loan portfolio rose 47% on year to INR 219.06 billion for the June quarter. The lender detailed its quarterly results during market hours and at 1400 IST, its shares were at INR 346.15 apiece on the National Stock Exchange, sharply down by 6.5%.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Avishek Dutta

 

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