CSB Bank Reports Q3 Net Profit of ₹1.53 Billion, Up from ₹1.50 Billion Year-on-Year

0 min read     Updated on 28 Jan 2026, 01:51 PM
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Reviewed by
Shriram SScanX News Team
Overview

CSB Bank announced Q3 net profit of ₹1.53 billion, representing growth from ₹1.50 billion in the corresponding quarter of the previous year. The results demonstrate steady year-on-year performance and consistent profitability for the banking institution.

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*this image is generated using AI for illustrative purposes only.

CSB Bank has reported its third quarter financial performance, showing a net profit of ₹1.53 billion compared to ₹1.50 billion recorded in the same quarter of the previous year. The results indicate steady growth in the bank's profitability on a year-on-year basis.

Financial Performance Overview

The bank's quarterly results demonstrate consistent operational performance with measured growth in net profitability. The increase from the previous year's corresponding quarter reflects the institution's ability to maintain stable earnings.

Metric Q3 Current Year Q3 Previous Year Growth
Net Profit ₹1.53 billion ₹1.50 billion Year-on-Year

Quarterly Results Analysis

The third quarter performance shows the bank's continued focus on maintaining profitability levels. The reported figures indicate steady progress in the bank's financial metrics, with net profit showing positive movement compared to the same period in the previous fiscal year.

The year-on-year comparison provides insight into the bank's operational efficiency and its ability to generate consistent returns. The modest increase in net profit reflects the bank's stable business model and operational execution during the reporting period.

Historical Stock Returns for CSB Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-15.49%-13.56%+0.36%-1.12%+40.60%+91.82%

CSB Bank Shareholders Approve Director Appointment and Executive Pay Revisions Through Postal Ballot

2 min read     Updated on 22 Jan 2026, 03:35 PM
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Reviewed by
Radhika SScanX News Team
Overview

CSB Bank Limited successfully completed its postal ballot on January 21, 2026, with shareholders approving all four proposed resolutions through remote e-voting. The approved measures include appointment of Ms. Sheetal Rupesh Sancheti as Non-Executive Non-Independent Director and pay revisions for MD & CEO Pralay Mondal and Executive Director B K Divakara effective April 1, 2025. All resolutions received overwhelming shareholder support with approval rates exceeding 99.80%, demonstrating strong confidence in the bank's leadership decisions.

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*this image is generated using AI for illustrative purposes only.

CSB Bank Limited has announced the successful completion of its postal ballot process, with shareholders approving all four proposed resolutions on January 21, 2026, through remote e-voting. The bank communicated the results to stock exchanges on January 22, 2026, in compliance with SEBI Listing Regulations.

Approved Resolutions Overview

The postal ballot covered four key corporate governance matters, all classified as ordinary resolutions. The voting process was conducted entirely through remote e-voting, with no physical meetings held.

Resolution Description Type
1 Appointment of Ms. Sheetal Rupesh Sancheti (DIN: 10119781) as Director (Non-Executive Non-Independent) Ordinary
2 Revision in fixed pay of Mr. Pralay Mondal (DIN: 00117994), MD & CEO, effective April 1, 2025 Ordinary
3 Variable pay approval for Mr. Pralay Mondal, MD & CEO, for FY 2025-26 Ordinary
4 Revision in fixed pay of Mr. B K Divakara (DIN: 06439053), Executive Director, effective April 1, 2025 Ordinary

Voting Results and Shareholder Participation

The postal ballot demonstrated strong shareholder support across all resolutions. With 63,631 shareholders on record date, the voting participation varied by resolution, with the highest participation recorded for resolutions 1, 2, and 4.

Resolution Total Votes Polled Votes in Favour Approval Rate (%) Votes Against
1 - Director Appointment 9,04,17,411 9,02,37,211 99.80% 1,80,200
2 - MD & CEO Fixed Pay 9,04,17,411 9,04,02,118 99.98% 15,293
3 - MD & CEO Variable Pay 8,88,01,068 8,87,85,714 99.98% 15,354
4 - Executive Director Pay 9,04,17,411 9,04,02,057 99.98% 15,354

Voting Process and Timeline

The remote e-voting facility was provided by Central Depository Services (India) Limited (CDSL), with the voting window remaining open from December 23, 2025, at 9:00 AM IST to January 21, 2026, at 5:00 PM IST. CS Vincent P.D. of SVJS & Associates served as the scrutinizer for the postal ballot process.

Shareholder Category Breakdown

The voting results showed strong support across all shareholder categories. Promoter and Promoter Group shareholders, holding 69,394,331 shares, voted unanimously in favour of all resolutions with 100% approval rates. Public Institutional shareholders demonstrated high participation rates, with over 84% voting participation for most resolutions and approval rates exceeding 99.97%.

Regulatory Compliance and Documentation

The bank has made the postal ballot results available on multiple platforms, including the company's website at www.csb.bank.in , the notice board at its registered office, and CDSL's e-voting platform. The scrutinizer's report, dated January 22, 2026, confirmed that all resolutions were passed with the requisite majority as specified under the Companies Act, 2013.

The voting process included specific provisions related to banking regulations, with FIHM's voting rights capped at 26% of total voting rights despite holding 40% of paid-up capital, in compliance with Banking Regulation Act, 1949, and RBI directions dated November 28, 2025.

Historical Stock Returns for CSB Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-15.49%-13.56%+0.36%-1.12%+40.60%+91.82%

More News on CSB Bank

1 Year Returns:+40.60%