CSB Bank's shares slid 1.4% to ₹301.65 after the company announced a 14% YoY jump in net profit to ₹183 crore, beating the ₹160 crore figure from the same period last year.
NII surged 20% year‑on‑year to ₹510 crore from ₹424 crore, while net interest margin stayed flat at 3.81%. Sequentially, net profit climbed 22% to ₹183 crore from ₹150 crore in June, and NII grew 7% to ₹479 crore.
Deposits rose 18% YoY to ₹46,889 crore, and net advances jumped 22% to ₹41,852 crore, driven by a 44% rise in wholesale and 36% growth in gold loans – the gold loan book now ₹22,303 crore.
Gross NPAs fell to 1.58%, down from 1.75% in the last quarter, while net NPAs slipped to 0.33% from 0.39%. The cost‑to‑income ratio improved to 64.80%, up from 64.55% sequentially. Operating profit rose 10% YoY to ₹276 crore, with provisions cutting 39% to ₹30 crore.
The bank’s capital adequacy ratio stands at 19.55%, slightly below the 20.99% of FY25, but remains well above regulatory thresholds. CEO Pralay Mondal said the firm will accelerate growth in the second half of FY27, targeting higher deposits, advances, and a continued decline in NPAs. The market is watching how the bank will sustain these gains amid a tightening credit environment.