Central Bank of India Reports Strong Q4 and FY 2025 Results with 48% Jump in Annual Net Profit
Central Bank of India posted impressive financial results for FY 2024-25, with net profit rising 48.49% to ₹3,785.00 crore. The bank saw improvements across key metrics, including a 9.58% increase in interest income to ₹33,666.00 crore and a 10.37% growth in total business to ₹7,02,798.00 crore. Asset quality improved significantly, with the GNPA ratio decreasing to 3.18% from 4.50%. Q4 FY 2025 saw a 28.13% increase in net profit to ₹1,034.00 crore. The bank's ROA improved to 0.86%, while its Capital Adequacy Ratio strengthened to 17.02%. The RAM business segment grew by 16.13%, and digital transactions accounted for 86.15% of total transactions. A final dividend of 1.875% was recommended.
28Apr 25
Central Bank of India Reports Strong Q4 and FY 2025 Results, Net Profit Surges 48%
Central Bank of India reported strong financial results for FY 2025. Net profit increased by 48.49% to ₹3,785.00 crore. Q4 FY 2025 net profit rose by 28.13% to ₹1,034.00 crore. Total business grew by 10.37% to ₹7,02,798.00 crore. Gross NPA ratio improved to 3.18% from 4.50%, while net NPA ratio decreased to 0.55% from 1.23%. The bank's Capital Adequacy Ratio under Basel III norms improved to 17.02%. The Board recommended a final dividend of ₹0.19 per equity share for FY 2025.
23Apr 25
Central Bank of India to Discuss FY26 Fundraising Plan and FY25 Results in Upcoming Board Meeting
Central Bank of India has scheduled a board meeting for April 28, 2025, to discuss capital raising plans for FY 2025-26 and review financial results for the year ended March 31, 2025. The board will consider options like FPO, Rights Issue, and QIP for capital raising. They will also approve audited financial results and consider a final dividend proposal. The bank has closed its trading window from April 1, 2025, until 48 hours after the financial results are declared.
03Apr 25
Central Bank of India Surpasses ₹7 Lakh Crore in Total Business, Reports 10.75% Growth
Central Bank of India reported total business of ₹705,196 crore as of March 31, 2025, marking a 10.75% year-on-year growth. Total deposits increased by 7.18% to ₹412,665 crore, while gross advances grew by 16.20% to ₹292,531 crore. The bank's CASA ratio stood at 48.91%, and the Credit-Deposit ratio improved significantly to 71.13%. Management expressed gratitude to stakeholders for achieving this milestone.
02Apr 25
Central Bank of India Stock Plummets 11% Despite Business Growth
Central Bank of India's stock dropped 11% to ₹36.86, reaching an 18-month low, following a QIP issue to reduce government shareholding. The stock has fallen 52% from its February peak of ₹77.00. Despite this, the bank reported positive financial indicators, including a 33.58% increase in Q3 FY25 net profit to ₹958.93 crore and achieving over ₹7 lakh crore in total business. Year-on-year growth shows total business up 10.75%, gross advances increased 16.20%, and an improved Credit Deposit ratio of 71.13%.
02Apr 25
Central Bank of India Surpasses ₹7 Lakh Crore Business Milestone, Reports Strong Growth
Central Bank of India achieved a milestone by crossing ₹7 lakh crore in total business as of March 31, 2025. The bank's total business reached ₹7,05,196.00 crore, a 10.75% year-over-year increase. Total deposits grew by 7.18% to ₹4,12,665.00 crore, while gross advances surged by 16.20% to ₹2,92,531.00 crore. The Credit-Deposit ratio improved by 554 basis points to 71.13%. The CASA ratio stood at 48.91%, slightly lower than the previous year's 50.02%.
25Mar 25
Central Bank of India Launches QIP to Raise Up to ₹1,500 Crore with ₹40.49 Indicative Price
Central Bank of India has announced a Qualified Institutions Placement (QIP) to raise up to ₹1,500 crore, with an option to upsize by ₹500 crore. The indicative price is set at ₹40.49 per share, a 13.70% discount to the last closing price. The base issue includes over 37.00 crore shares, with a greenshoe option for over 12.30 crore additional shares. Allotment is scheduled for April 1, 2025, with trading available after April 3, 2025. The QIP follows approvals from the Board of Directors, shareholders, and the Capital Raising Committee.
24Mar 25
Central Bank of India Launches QIP with ₹42.62 Floor Price
Central Bank of India has announced a Qualified Institutions Placement (QIP) with a floor price of ₹42.62 per equity share. The QIP, set to open on March 24, 2025, aims to strengthen the bank's capital base. The bank may offer a discount of up to 5% on the floor price. This initiative follows approvals from the Board of Directors, shareholders, and the Capital Raising Committee. The preliminary placement document has been filed with stock exchanges, adhering to SEBI regulations.