CSB Bank reported a 26.5% rise in net profit to ₹1,500.04 crore for the quarter ended June 30, 2026, compared to ₹1,186 crore in the same period last year. The increase was driven by a 17.9% growth in total income, which reached ₹15,160.7 crore, supported by higher interest earnings. The bank's asset quality improved, with gross non-performing assets (NPAs) falling to 1.75% from 1.84% a year ago.

The Board of Directors approved the unaudited financial results on July 22, 2026, following a review by the Audit Committee. The results were reviewed by joint statutory auditors Walker Chandiok & Co LLP and Sundaram & Srinivasan, who issued an unmodified review report. The bank operates primarily in the domestic segment, with reportable business segments including Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations.

Interest earned during the quarter stood at ₹12,873.2 crore, up from ₹10,409.4 crore in the corresponding period of the previous year. Other income declined to ₹2,287.5 crore from ₹2,447.1 crore. Operating profit before provisions and contingencies rose to ₹2,507.7 crore from ₹2,203.1 crore. Provisions and contingencies decreased to ₹490.3 crore from ₹607.9 crore in the year-ago quarter.

Key Financial Metrics

The Capital Adequacy Ratio (Basel-III) stood at 19.96% as of June 30, 2026, compared to 21.71% in the prior year. Basic earnings per share (EPS) increased to ₹8.65 from ₹6.84 in the same quarter last year. The bank's net profit for the fiscal year ended March 31, 2026, was ₹6,331.8 crore.

Segment Performance

Retail Banking remained the largest revenue contributor, generating ₹8,621.6 crore in segment revenue for the quarter. Corporate/Wholesale Banking and Treasury reported revenues of ₹3,822 crore and ₹2,356.4 crore, respectively. Total segment assets stood at ₹58,10,080 lakh, with Retail Banking accounting for the largest share at ₹27,95,451 lakh.

The bank disclosed that it had not transferred or acquired any loans in default or stressed loans during the quarter. It also confirmed that it does not have any subsidiaries, associates, or joint ventures as of June 30, 2026, making consolidated financial statements inapplicable.

csb bank has granted 61,565 stock options to an eligible employee under its CSB Employee Stock Option Scheme 2019. The options are exercisable into an equal number of fully paid-up equity shares with a face value of ₹10 each. The exercise price is fixed at ₹370.00 per share, determined based on the closing price on the National Stock Exchange of India Limited (NSE) on July 21, 2026, the trading day preceding the grant approval.

The grant was approved by the Bank's Nomination & Remuneration Committee during its meeting on July 22, 2026. The Scheme was formulated pursuant to the SEBI (Share Based Employee Benefits) Regulations, 2014, which have since been replaced by the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The meeting commenced at 08:30 a.m. and concluded at 08:55 a.m.

Vesting Schedule

The options will vest in four equal installments, contingent upon the completion of specific tenure periods from the grant date. The vesting structure is designed to incentivize long-term retention.

Exercise Terms

Beneficiaries can exercise the options within three years from the date of vesting while continuing their employment or service with the Bank. In the event of separation, the exercise period will be governed by the specific terms outlined in the Scheme. All other significant terms of the grant remain consistent with the provisions of the CSB Employee Stock Option Scheme 2019.