Net Interest Income or core income of the lender increased by 25% from the same quarter last year to ₹464 crore.
Net profit increased by 6% to ₹201.5 crore from ₹190 crore last year.
Asset quality for the lender improved on a sequential basis, with Gross NPA improving to 1.66% from 1.96% in the December quarter, while Net NPA improved to 0.4% from 0.67% in the previous quarter.
Provisions for the quarter saw a significant dip to just ₹23 crore from ₹87 crore in the previous quarter. Despite the decline in provisions, the lender’s profitability was capped as its other income declined from ₹381 crore in the same quarter last year to ₹306 crore.
In absolute terms, gross NPA improved to ₹669.78 crore from ₹729.4 crore, while Net NPAs improved to ₹158.2 crore from ₹245.8 crore.
CSB Bank’s Net Interest Margins for the quarter expanded to 3.83% from 3.75% last year.
CEO and MD Pralay Mondal said, “For the fourth consecutive quarter in FY26, our deposit and advance growth outperformed industry averages, recording 20% and 27% YoY growth, respectively.”
Calling the company’s operating performance “robust”, Mondal said that Q4FY26 marked also “the best quarter in terms of asset quality, with GNPA and NNPA ratios at their lowest levels for the year.”
Moving ahead, the company plans to focus on “accelerating sustainable and profitable growth anchored in strong fundamentals,” The CEO said, which it will do by leveraging our stabilised core and enhanced operational efficiency.
Shares of CSB Bank are now trading 3% higher on Monday at ₹393.7. The stock is still down more than 18% on a year-to-date basis.
